Shares of Tesla Motors have gone parabolic in recent sessions, with shares hitting $950.
 | You're receiving this email because you are subscribed to Trading Tips,
if you no longer wish to receive these emails you can unsubscribe here. | |  | | |
| |  Good morning. Shares of Tesla Motors have gone parabolic in recent sessions, with shares hitting $950. That's been more than a double since the start of the year, and many have warned that the move, which looks parabolic on a price chart, is nothing less than a bubble.
Despite speculation that the company would hit $1,000, a double-digit pullback in shares occurred instead. At its peak, the company was worth more than competing carmakers Ford and GM… combined. If past bubbles in gold or bitcoin are any indication, when the move up does finally end—and it may not be over yet—a 50-75 percent decline could very well be possible.
| | | | | | | | No. 1 Commodity Stock to Buy in 2020 | | | | | Hint: It's not silver, platinum or any other precious metal. It's not aluminum, nickel, iron ore or lithium, either.
But without it, we couldn't make airplanes, automobiles, batteries, boats, cosmetics, computers, surgical tools or smartphones.
Yet this metal could soon experience the greatest supply crunch in history … which could launch its price to levels never seen before.
Read the full story here… | |
| | |  | DOW 28,807.63 | +1.44% | | | | S&P 3,297.59 | +1.50% | | | | NASDAQ 9,467.97 | +2.10% | | | | | *As of market close | | | • | Stocks roared higher yesterday, on news for a coronavirus treatment and a slowing infection rate. | | | • | Oil rallied 3 percent, hitting $51.12 per barrel. | | | • | Gold rose 0.4 percent, moving to $1,561 per ounce. | | | • | Cryptocurrencies rallied, with Bitcoin soaring 5 percent to $9,646. | | | | | | | | |
|
|
| Two Stocks Worth Buying that Got Slammed in January | |
|
|
While the market mostly rallied in January, a few stocks saw massive drops in their share price. Some of that was related to news events, and some companies fell simply because they were out of favor with the market.
Whatever the reason, buying into fundamentally-sound companies that dropped on short-term market events puts investors in a place to profit from the rebound.
What's more, using this strategy of buying out of favor names, tends to beat the market over time.
» FULL STORY |
|
| |
|
|
| Insider Trading Reports: CenterState Bank Corporation (CSFL) | |
|
|
Ernest Pinner, a director at CenterState Bank Corporation (CSFL), recently picked up 5,000 shares. The buy, coming in at over $120,000, increased his stake by nearly 5 percent.
This buy comes after purchases in late January from company CEO John Corbett, who picked up 5,000 shares, and CFO William Matthews who bought around the same time.
Insider data shows a number of buys and sells from insiders over the past few years. Insiders typically buy low and sell high.
» FULL STORY |
|
| |
|
|
| Unusual Options Activity: Lululemon (LULU) | |
|
|
June 2020 $185 put options on Lululemon (LULU) saw a 9-fold rise in volume, going from 141 open contracts to over 1,300.
The trade, expiring in 134 days, implies about a 25 percent drop in shares from their current price near $245. Shares have been in an uptrend for several months and are near all-time highs.
The trader also paid about $2.63 for the put options, so shares would need to drop to $182 or lower to profit at expiration.
» FULL STORY |
|
| |
|
| | |
| TOP | | | ALB | 17.502% | | | | TX | 14.474% | | | | RL | 9.259% | | | | FRAY | 8.29% | | | | LB | 7.338% | | | | BOTTOM | | | ICE | 9.477% | | | | IT | 7.19% | | | | COP | 4.861% | | | | HIG | 4.024% | | | | TSCO | 3.506% | | | |
|
| | |
 |
| Mild winter weather provided a significant boost to the January employment gain. The leisure and hospitality and construction industries in particular experienced an outsized increase in jobs. Abstracting from the vagaries of the data underlying job growth is close to 125,000 per month, which is consistent with low and stable unemployment. |
|
- Mark Zandi, chief economist at Moody's, on the jobs numbers showing continued gains, and why employment is likely in a stable position right now.  |
|
|
| No. 1 Commodity Stock to Buy in 2020 | |
|
|
|
Hint: It's not silver, platinum or any other precious metal. It's not aluminum, nickel, iron ore or lithium, either.
But without it, we couldn't make airplanes, automobiles, batteries, boats, cosmetics, computers, surgical tools or smartphones.
Yet this metal could soon experience the greatest supply crunch in history … which could launch its price to levels never seen before.
Read the full story here…
 |
|
No comments:
Post a Comment