Palantir (PLTR) is a traditionally secretive data mining company with major government contracts. Instead of a traditional IPO, the company has chosen a direct listing on NYSE. The reference price is set at $7.25 per share. The preliminary indications are that it may start trading around $10.10. This is still
To gain an edge, this is what you need to know today. Island Reversal Please click here for a chart of Dow Jones Industrial Average ETF (DIA). Note the following: The chart shows the formation of an island. The island formation shown on the chart is considered bullish in traditional technical analysis.
Signal(s) to enter, add, reduce, exit, hold or change. Nine Model Portfolio stocks are in the buy zones, one touched the buy zone and two are approaching the buy zones. Buy zones are very powerful in that they allow you to build positions slowly, typically at better prices. It has
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
To gain an edge, this is what you need to know now. Short Squeeze Takes Hold Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: In the Morning Capsule we wrote: …it is Friday and short squeezes are common on Fridays. If a short squeeze occurs,
To gain an edge, this is what you need to know now. Momo Buys Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The momo crowd is buying everything — stocks, gold and oil. In the very, very short term, they got technically oversold. When markets get oversold,
After a short at $16.32, The E. W. Scripps Company (SSP) rapidly fell into the target zone trading as low as $13.15 in the premarket. All subscribers should have taken full or partial profit. Those who are still holding partial quantity may consider moving the stop to the zone of
The E. W. Scripps Company (SSP) is buying ION Media. Buffett is helping SSP by making a $600 million preferred equity investment. However Buffett is getting very attractive terms that are not available to regular investors. The stock has jumped 56% to $16.31 in the premarket. The short zone is
Musk outlined an excellent vision at the ‘Battery Day.’ Here are the key points: Tesla (TSLA) says that silicone can store nine times more than lithium and graphite. In our analysis, Musk is right about storage but silicone currently has issues. These issues include cracks, loss of electrical contact and
The housing market is red hot. The hottest housing segment is starter homes and this is exactly where KBH is focused. KBH is long from $16.15. It has traded at $40.94 after earnings in the aftermarket. The Chart Please click here for a chart of KB Homes (KBH). Note