When the meme stocks start to run, the market can seem to get a little crazy as other highly shorted names seem to follow the moves. Over the last couple days traders saw crazy swings in GME and AMC both running over 100% while some other stocks seemed to have followed with similar beaten down … Read more
Yesterday I made a humble prediction that SPY would continue bullish based on the potential 10-day MA crossing over the 50-day, along with the bullish candle from 5/8. Maybe it’s luck, or maybe it’s just trusting the TA, but today’s close on SPY has given me a reason to be excited that my original $530 … Read more
I love learning about new industries and all of their statistics. With research tools like IBIS World, investors are able to analyze the top companies in each respective industry to help guide their overall investment thesis. When looking at the manufacturing industry, which has a 9.9% profit margin as of 2023, the top companies spanning … Read more
One of my absolute favorite things to do is go to the library and check the bi-monthly updated Short Interest Analysis on the Bloomberg Terminal—there were some amazing trades from the top shorted stock list back earlier in the year: DM, MPW, GM, RIG, and BYND, just to name a few. And with the combination … Read more