Friday, May 17, 2024
Pinterest (PINS) is a social media company that lost users after the pandemic lessened, causing the stock price to plummet. However, the company has recently begun adding users again. A large options block trade in PINS from last week looks like a very bullish call position in July options. This may be a sign that […]
Electric vehicle stocks haven’t been nearly as active as they were during the heart of the Covid crisis. However, Nikoka (NKLA) options traded over 200,000 contracts on a busy day last week, which is 4x the regular amount. In this case, it appears that a large institutional position was either rolled to July or closed […]
The pace of existing and new home sales has started to slow dramatically. Sales of existing homes fell 2.4% for April compared to March, and were down 5.9% to a year earlier. New home sales fell even harder, with April sales off 16.6% compared to March, and down 26.9% year-over-year. Rising mortgage rates thanks to […]
Investors may want to buy weakness in lithium stocks, like Albemarle (ALB). Sure, Goldman Sachs said it expects for lithium prices to fall about 10% this year. Then, by next year, the firm believes lithium could fall about 73%. But that’s not going to happen. The world wants to put millions of electric vehicles on […]
Just look at Nio (NIO), an electric vehicle stock, which just reported strong deliveries. In fact, for May 2022, the company delivered 7,024 vehicles, of which 5,317 were premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s. Nio also sold 1,707 ET7s, its flagship premium smart electric sedan. Nio’s cumulative deliveries as […]
Self-storage real estate investment trusts (REITs) own, operate, and manage mini-warehouse storage facilities at which people pay to store items they do not need immediately, but do not want to discard. Recently, investors have not stored these shares for safekeeping in their portfolio. Instead, they have sent the stocks of self-storage operators straight to the […]
After some bearish behavior in early May… We’ve seen a snapback rally to close out the month… but how high could this rally go? I’ve seen this type of pattern happen many times in my career. In this short 3-minute video, I’ll breakdown what I see, plus how much higher potentially this rally could go. […]
As I told you in early March and again in April, the war in Ukraine has put a lot of focus on the global energy markets, especially the market for liquified natural gas (LNG). Traders from the usual leading buyers of LNG globally—the Asian countries of China, Japan and South Korea—have been forced to compete […]
In a market like this, share prices are down across the board, and high-quality monthly income stocks become great bargains for investors focused on the long term. While there are many choices for income investors to grab a great deal on dividend-paying stocks, I like to use these market correction opportunities to pick up shares […]
I’m continuing to pound the table on the idea of selling options to generate income with volatility at its current level. The Cboe Volatility Index (VIX) continues to hover around 30, which is creating very interesting opportunities in options. Most everyone owns stocks. Therefore, the risk we all share is that the equity market could […]
