Remember Rivian? The car company that had sold ZERO production vehicles and had a market cap greater than VOLKSWAGEN? That Rivian? Yeah, that one. They’ve lost 50% of their value in the past seven weeks. It’s probably still overpriced b…
After the excitement of yesterday, it’s nice to wake up to a relatively calm market. I always find it amusing that investment banks claim to pay top dollar to get their microwave transmission towers a few milliseconds …
Back on December 6th, precisely a month ago, I did a post called No Way? Way! which suggested shorting Wayfair (symbol W). Well, $60 in a month’s time isn’t bad! The arrow marks the post: Looking at the longer-term chart, I’d say …
FEEDRecently weeks have been brutal for the bears (if I dare use the plural; perhaps I am the only one left on this particular planet), but here are three champs that have been staunch to me.
So one index or asset or another hits a new high, wow, more proof everything is so robust and healthy, we never had it so good–right up to the seizure and collapse.
Even though the NASDAQ Composite dipped about 1.3% on Tuesday, the fact is that day after day, week after week, and month after month, this thing is gliding up a silky-smooth highway of exponential moving averages without showing the slightest sign…
2021 was a strong year for stocks, commodities, and cryptocurrencies, as most asset classes provided positive returns.
The post How Every Asset Class, Currency, and S&P 500 Sector Performed in 2021 appeared first on Visual Capitalist.
First days on the market are a bit like New Year’s Resolutions – – the action just doesn’t last. So after yesterday’s insane pop higher, the clunkers from 2021 have, after a mere day, resumed their clunky ways. I offer…
Last year, it seems no portfolio manager got more television time, more press, and more adulation than Cathie Wood. One can speculate as to the reason. I’ll hold my own tongue on this matter. But we can all agree that God knows it wasn’…
These screenshots are a tiny bit outdated, since we’ve had a bit of selling this morning, but the Dow Industrials blasted to yet another lifetime high today, escaping their range from late last year. More interesting, as a chart, is the Dow T…