Recent stock split announcements by Apple and Tesla have lit a fire under the companies’ share prices. I suspect that many investors scooping up the shares are not aware of exactly how the splits will work. I am curious about how new-to-the-stock market investors will react when they discover that post-split their holdings are not […]
Don’t Let The Media Hysteria Make You Sick!
I grabbed the clicker; “Turn off the damn TV!” No, I didn’t turn off hyped political commentary; it was the Weather Channel. They blared; millions of people were going to “suffer” from the current heatwave. The next headline, “US could set disaster record this year”, followed by 3 minutes of videos of every kind of […]
APPS Stock Price Moves on Heavy Volume
Digital Turbine (APPS) has become of the most explosive stocks on the market. APPS, which provides media and mobile communication solutions for mobile operators, application developers, device original equipment manufacturers, and other third parties worldwide, has seen its stock run from a low of $12 to $28.04 since late July 2020. Helping, the company just […]
NIO Stock Price Jumps and Has More Room To Run
A lot of attention has been paid to the big tech companies this year, and rightly so. Big tech is leading the market to record highs, despite what the coronavirus pandemic has done (and continues to do) to the global economy. Precious metals are another area getting a lot of space in the financial press. […]
Time to Fear an All-Time High as The S&P 500 Breaks 3,400?
The stock market reached another new all-time high this week. For the first time ever, the S&P 500 traded above 3,400. Measured since the March low, this has truly been an impressive rally. The S&P 500 has vaulted over 50% in just five months. This one of the strongest bulls ever. Naturally, rallies like these […]
NIO Stock Price Surges on Analyst Upgrade
Shares of Nio Inc. (NIO) are still exploding higher, last trading at $18.87. This week, UBS analyst Paul Gong upgraded the stock to the equivalent of a Hold from a Sell. The analyst also raised his price target from $1 to $16, according to Barron’s. Strong sales are also sending the stock higher. For July […]
KNOP, SHLX, CEQP: Three Energy Stocks With Recovering Shares and Paying 15%
You have likely seen the news that the S&P 500 has recovered 100% of the losses from the COVID crash. What you won’t see in the press is the broad range of returns from the different industrial sectors used by S&P Global Ratings (formerly Standard & Poor’s). The 500 S&P stocks are subdivided into 11 […]
Trade of the Week: Rocket (RKT)
A newly listed company is seeing a lot of unusual options activity. The company is Rocket Companies (RKT), which owns Rocket Mortgages and Quicken Loans. Despite not being around for very long (on the exchange), over 120,000 option contacts traded on one day last week. Most of the activity was on the call side, which […]
Buy These 2 Secure Dividend Funds For a Zero Interest Rate World
Casual investors will be aware of what happens in the stock market, but may not be as well informed about the current state of interest rates. Retirement plan experts recommend allocating a large portion of 401(k) accounts to bonds, and those building for retirement using their company 401(k) plans may not be aware of how […]
Trading In Your Dollars for Fedcoin
At the local convenience store, my wife Jo handed the clerk a $5 bill and waited for her change; finally asking for it. The clerk said, “We have a coin shortage. We have to round things to the nearest dollar.” Screw that! She dug in her purse, cobbled together the correct change and demanded the […]