Is Micron Set For a Big Move?

Is Micron Set For a Big Move?

Making directional trades in this market isn’t easy. On the one hand, you have high flying stocks that are trading well above reasonable valuations. Trading those types of stocks can be dangerous since they can reverse on a dime. On the other hand, value stocks are dead. Stocks trading below reasonable valuations just seem to […]

TSLA Announces Plan to Mine Lithium in Nevada

TSLA Announces Plan to Mine Lithium in Nevada

Lithium stocks, like Lithium Americas (LAC) came under pressure in recent days. All on news Tesla said it wants to be a lithium miner.  “There is a massive amount of [Lithium] pretty much everywhere,” Tesla (TSLA) CEO Elon Musk said, as quoted by Barron’s. His company is planning a new process to extract lithium from clay ores […]

Trade of the Week: NKLA

Trade of the Week: NKLA

Electric vehicle stocks have recently been pulling back, but none more so than Nikola (NKLA). The electric/hydrogen-fueled truck maker had been the darling of the stock market in recent months. However, short selling attacks have sent the stock into a tailspin. The CEO has stepped down and the company appears to be in turmoil. Options […]

Passive Investors Will Go Broke!

Passive Investors Will Go Broke!

Remember the saying, “Everything comes to those who wait?” Investment gurus lectured us about patience and compounding. They blared, “Save $100/month, invest at 6% and you will be a millionaire when you retire.” Current interest rates make that impossible. 25 years ago, if you bought US treasuries, the compound interest doubled your money in 12 […]

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TSLA Stock Price Continues September Slide

Shares of Nike Inc. (NKE) exploded more than 12%, or $14.30 earlier this week. All after crushing earnings expectations. EPS of 95 cents easily beat expectations for 47 cents. Revenue of $10.59 billion was also far better than estimates for $9.15 billion. According to CNBC, “The company has used the coronavirus pandemic as an opportunity to accelerate […]