Hey everybody, Dave Bartosiak here with Trending Stocks. Big data is a big deal. Nowadays, everything we do is tracked, stored, analyzed and used to make decisions. The most infamous examples of this are tech giants Facebook and Google. Well, a new big data, big brother, big paranoia for the tin hat wearing crowd has
An interesting thing happened to XpresSpa Group (NASDAQ:XSPA) stock in December. The company clearly tried to gin up investor enthusiasm toward its Covid-19 testing operations. It didn’t work. Source: Maridav / Shutterstock Within the month, XpresSpa issued at least six press releases citing varying partnerships and moves underlying its testing business. Yet, for the month,
Since reaching $132/share in December, QuantumScape (NYSE:QS) stock has tumbled over 60% as hype over the solid-state battery company has died down. Those buying QS stock at the top would have seen a gut-wrenching loss. Source: Shutterstock But don’t let this post-Christmas sale go to waste. Far from being a disappointment, QuantumScape’s recent drop provides
Welcome to the stock market today! With novel coronavirus cases and hospitalizations rising, all attention is on the pandemic. However, there is some good news. Investors have received updates from Pfizer (NYSE:PFE), BioNTech (NASDAQ:BNTX) and Eli Lilly (NYSE:LLY). As today progresses, keep these treatments and others on your radar. Latest Updates:
Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, the “Mad Money” host said
Take a look at some of the biggest movers in the premarket: Micron Technology (MU) – Citi gave the chip and hard drive maker a double upgrade, to “buy” from “sell,” based on its expectation of a long-awaited upturn in DRAM memory chip market. Micron rose 3.2% in premarket trading as of 7:39 a.m. ET.
No doubt, 2020 was a banner year for SPACs. Yet that wasn’t enough to save Hyliion Holdings (NYSE:HYLN) stock. Shares in the company, previously known as Tortoise Acquisition, soared in the run-up to its merger with the hybrid truck maker. Source: nrqemi / Shutterstock.com But since September, shares have fallen from as high as $55.85
As longtime readers know, I’m exceptionally bullish on electric vehicle stocks. But not all EV stocks are created equal. And one EV company that stands out from the rest in the best way possible is Canoo (NASDAQ:GOEV), which went public through a merger with Hennessey Capital Acquisition Corp. IV (NASDAQ:HCAC). Source: nrqemi / Shutterstock.com Here’s
Not too long ago, I offered a very strong buy recommendation for next-gen, solid-state battery maker Quantumscape (NYSE:QS). At the time, QS stock was trading at $65 and change. Source: nrqemi / Shutterstock.com Five days later, the stock shot up to its all-time high price of $132.73. But to be honest, I think I got lucky
Early gains turned into losses for U.S. equities, which were compounded when Senate Republicans, led by Majority Leader Mitch McConnell, blocked the House-passed plan to increase the $600 stimulus checks to $2,000. The measure soundly passed the Democrat-controlled House on Monday, but despite President Trump’s urging and support from some Republicans, McConnell would not bring
Pedestrians walk by a T-Mobile store in New York. Scott Mlyn | CNBC According to some Wall Street experts, there’s still plenty of fuel left in the tank, even after the stock market closed out the year at record highs. Strategists from Goldman Sachs predict that the S&P 500 will round out 2021 at 4,300
Voters stand in line to cast their ballots during the first day of early voting in the US Senate runoff at the Gwinnett Fairgrounds, December 14, 2020, in Atlanta, Georgia. Tami Chappell | AFP | Getty Images Apprehension about Georgia’s Senate runoff election Tuesday helped fuel a sharp New Year’s selloff, and politics could continue
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: http://www.amazon.com/gp/product/0982… http://www.amazon.com/gp/product/1939… In this lesson, students learn what value investing is. The three course objectives are: 1) The difference between value
What is the Head and Shoulders Reversal Pattern? -The stock bounces off of the support line three times, making a head and shoulders pattern -On the first shoulder, the volume is high -The volume is lower on the uptrend that creates the head -People are not voting for the stock to go up. This low
Food-delivery leader Doordash (NYSE:DASH) made its debut on Dec. 9 at an opening price of $192. On the same day, Doordash stock hit a record high of $195.50. Now it is flirting with $140. Put another way, in a matter of three weeks, the stock has lost about 23% of its value. Source: Sundry Photography /
Prior to the novel coronavirus disaster, you would have thought the market would have imploded if I had told you that a pandemic would temporarily shutter major economies throughout the world and kill more than 325,000 as of Christmas day. Yet it has been a brilliant time to invest. What’s more, many cheap stocks have
The shares of Opendoor Technologies (NASDAQ:OPEN) have trended lower since they began trading on Dec. 18. That sets the stock apart from many companies that have recently gone public, a large number of which have soared after going public. However, I think investors may be right about Opendoor stock. I don’t expect the company to
A Kia Motors Corp. sports utility vehicle (SUV) delivers the “2021” New Year’s Eve numerals during a coast-to-coast tour in the Times Square neighborhood of New York, U.S., on Monday, Dec. 21, 2020. Michael Nagle | Bloomberg | Getty Images So many questions swirl as the calendar turns — including what year has just started.
Recently Hertz Global Holdings (OTCMKTS:HTZGQ) sold one of its subsidiaries to a private equity firm for $825 million. But don’t be lured into thinking this will be enough to get Hertz out of bankruptcy. The truth is Hertz stock is completely worthless. It has been rising lately and this might lure some into believing it
Editor’s note: This column is part of our Best Stocks for 2020 contest. John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE:DIS). “Please keep your arms and hands inside the ride at all times…2020 is going to be a tumultuous year.” Source: by InvestorPlace That is how we started our write up
If there was ever coverage on a particular company that could be classified as almost exclusively low-hanging fruit, DoorDash (NYSE:DASH) would be it. Frankly, when you peruse the blogosphere, everyone’s writing the same article: DoorDash stock enjoyed the benefits of a supercharged initial public offering but once the euphoria fades, shares will crumble. Great but
For U.S. citizens living abroad, referred to as expatriates or expats, maintaining checking and other bank accounts in the United States provides several advantages. These include the convenience of paying bills or making payments in the country and the ease of direct deposits for employment or Social Security payments. However, using these accounts while living
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we first learned that a bond is nothing more than a loan. There are many forms of bonds
This is the right way if you want to start making money from your trading. The thing is that you need to stay away from that first 30 minutes after the market opens. #tradingskill #tradingearly #stockmarketopens #tradingsmart #tradingbeginners Posted at: https://tradersfly.com/blog/why-you-should-not-trade-the-first-30-minutes/ ???? GET MY FREEBIES Freebies ???? SUBMIT A VOICE QUESTION Question – Hungry for
XpresSpa (NASDAQ:XSPA) is trying to redo its business model. It used to be an airport spa company, but Covid-19 destroyed that model. Now it’s becoming an airport Covid-19 testing company. It has already signed up a number of airports in this new model. For owners of XSPA stock, the hope is that this model will
Everyone loves a good bargain, right? Well, when the market endured that painful selloff in March, it drove down stock valuations. At the time, though, volatility was so high and there were so many unknowns that it was hard to pile into names. So, are there still cheap stocks to buy now? The short answer?
Moderna (NASDAQ:MRNA) is reaping the rewards of its successful Covid-19 vaccine, pushing MRNA stock higher and higher. It is now winning more contracts to deliver its vaccine and analysts are taking note. Source: Ascannio / Shutterstock.com And the stock has been climbing. Especially since the FDA approved its Covid-19 vaccine on Dec. 18 for emergency
FuelCell Energy (NASDAQ:FCEL) continues to move up based on rampant speculation. I wrote earlier this month about how FCEL stock spiked over 800% in the last year based on no profits. Source: Kaca Skokanova/Shutterstock The company is still not expected to be profitable anytime soon. This means FCEL stock remains unmoored to any kind of
XPeng (NYSE:XPEV), the Chinese electric vehicle (EV) maker is up 100% in the last two months but it’s down 29% in the last month. That is due to the fact that XPEV stock peaked recently on Nov. 23 at $72.17. However, I believe XPEV stock is worth at least 100% more at $82 per share.
Once we get back to normal, one of the technologies you should truly advantage is global air travel. Having visited many parts of the world, I’ve gained an education that you can’t get from textbooks. And one of the lessons I’ve learned is that when it comes to foreign policy, Americans are probably the most
The slang term “trading the cable” is used by forex traders to refer to an exchange between British pounds and U.S. dollars. The word cable may refer to the exchange rate between the pound and the dollar, and may also simply refer to the British pound. Key Takeaways When the currency pair is the British
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned how to read a yield curve. When looking at the yield curve, it has two major
In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock