Friday, April 26, 2024
Cassave Sciences Inc. (SAVA) has been one of the most explosive biotech stocks of 2021. Since January, SAVA has run to the current price of $63 from a low of $8.15. It’s up another $7.22 on the day after announcing a positive end of Phase 2 meeting with the U.S. Federal Drug Administration (FDA). SAVA […]
The options action continues to run hot in AMC Entertainment (AMC). AMC was one of the stocks targeted as a short squeeze candidate by the Wall Street Bets crowd. The movie theater business has suffered quite a bit from the pandemic, but there’s a case for it bouncing back later this year. It looks like […]
For 2020, the S&P 500 index returned 18.40%, so if you didn’t earn almost 20% in your stock portfolio, you might be wondering what happened. But just because the overall returns are high, it doesn’t mean all stocks are performing the same way. For example, Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) managed to earn just […]
The politicos are hawking Modern Monetary Theory (MMT) to finance their reckless spending. Investopedia explains: “Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries (that) spend, tax, and borrow in a fiat currency they fully control, are not operationally constrained by revenues when it comes to federal government spending. …. […]
Today we’re going to review the XLE and discuss the potential upside in the market moving throughout the next two months.
RIOT also just announced it will achieve an estimated hash rate capacity of 1.06 Exahash per second with the deployment of the newly received 2,002 S19 Pro Antminers, according to a recent press release. “Exceeding 1 EH/s in hash rate capacity marks a major milestone for the Company,” said Jason Les, CEO of Riot. “While […]
Quarterly earnings reports are often the only way you can get real actionable news about companies, their dividends, and potential stock price moves. However, you want to avoid the Wall Street game of whether a company meets or beats the analyst forecasts. For dividend investors, you need to dig into the numbers to find the […]
Shares of Zynga Inc. (ZNGA) have been racing higher on three key catalysts. 1. ZNGA just reported solid earnings growth. “In an unprecedented year, our talented and resilient teams finished Q4 strong, delivering our highest quarterly revenue and bookings in Zynga’s history. Our execution throughout 2020 added meaningful scale to our live services platform and […]
You know your company has made it when it’s parodied on Saturday Night Live. Recently, Zillow (Z) became the latest company to be parodied on SNL with a funny, already-viral skit—go look it up if you haven’t seen it yet. More importantly, Z has become even more popular among investors—and its popularity has nothing to […]
Shares of Pfizer (PFE) are down 20% from their early December 52-week peak at $43.08 and have been hovering around their 200-day moving average for seven-straight sessions. There is still risk towards the $34.25 down to $34 area on continued weakness with the recent low tapping $34.27 earlier this month. There are a number of […]
