Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
With a new year underway, traders, investors and portfolio managers will make some bold new bets on what will happen in the upcoming year. If you get things right (and early), you…
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The ridesharing company’s stock is taking a major hit, and the headwinds might not dissipate soon. Why did Lyft, Inc. (Nasdaq: LYFT) stock take a 33% dip? Source: Thought Catalog What Happened? Lyft stock dropped by 30% on Wednesday, after the company announced that its profitability may take a dent as it increases incentives to…
Activision Blizzard has been in the news for positive and negative reasons recently. On the negative side, the company has been dragged into lawsuits for discrimination and harassment. On the positive side, news has came out about Microsoft’s interest in acquiring Activision Blizzard, and Warren Buffet’s Berkshire Hathaway increased its stake in the company to…
A strong bullish engulfing timeframe appeared on the UBI stock chart on the daily timeframe. This rise translated to a 15% rise in price from an opening price of €34. Source: Error 420 This rise resulted from rumors of a takeover by buyout funds. While no official statement has been released, that didn’t stop the…
American telecom mammoth Verizon recently became the third-highest shareholder of a budding 5G-infrastructure-building company. This has led to an increase in interest in the shares of the budding company, reflected by an 80% rise in share price. Source: Z z What Happened? The shares of Casa Systems, Inc. (Nasdaq: CASA) soared by 80% when it…
The next transportation marvel on the horizon for humans may be flying cars. And companies such as Joby Aviation, Inc (NYSE: JOBY) are starting to take off in a big way. Source: Joby Joby works on commercializing electric airplanes, capable of vertical takeoffs and landings (eVTOLs). Something similar to air taxis. The idea of air…
Aberdeen Standard Global Infrastructure Income Fund (NYSE: ASGI) is an ETF that targets infrastructure services globally. Although the fund just went public in 2020, many investors are already looking to buy into it. But is now the best time to buy ASGI? Source: Dave Morgan Support and Resistance There are some notable levels on the…
Witnessing the birth of a company is common. But when such companies are being birthed by two giants, that only comes once in a while. Our stock pick for today is one that many analysts believe would surely be a giant in its space; Warner Bros. Discovery, Inc. (Nasdaq: WBD). Source: Lloyd Dirks AT&T’s breakout…
Shopify Inc. (NYSE: SHOP) joins the list of companies that have announced a stock split this year. Other companies on this list are Tesla, Alphabet, and Amazon. Shopify’s proposal is a 10:1 stock split, and it intends to put it before the shareholders for approval. Source: Tarun Dhiman How will this split affect the stock?…
The year 2020 has been very fruitful for Spire Inc. (NYSE: SR) and its shareholders on the charts. There has been a 17% rise in the stock since the turn of the year, better than the S&P 500’s drop of 6% in the same period. Source: Naveen Kumar However, the SR stock faces a test…
After getting to a poor start to 2022, the maker of athletic comfort wears, Lululemon Athletica Inc. (Nasdaq: LULU), made a rebound to its highest level all year long. This surge resulted from the company’s positive financial results in its latest quarterly reports. Source: Scott Webb Is it now time to get in on the…