NASDAQ positive for the year and the SPX just down over 8% for the year, pretty amazing with what have happened this year
Sold my MRNA up 50%. Any idea what happened with Aurora Cannibis today? ACB. I heard something about a short squeeze driving the price up?
Hmm finviz isn't showing the short info right now. But a couple days ago was the ER, and there were 200M shares short; it would have taken 77 days of normal volume to get rid of all those shorts. So yeah I'm thinking short squeeze. 200M shares have traded in just the last 2 days.
wtf happened today. It's like states saying they are reopening partially and everyone thinks things are back to normal or something. Side note, I stepped into a car dealer today and they had all these stickers over the floor with quotes like "help everyone by social distancing" while everyone was sitting on peer's desks and customers were in chairs as normal. No facemasks anywhere. It was odd. It made me feel like "things were back to normal". I don't think that 30million people would agree right now.
Luckin Coffee Inc. (LK) said Tuesday it received on May 15 a written notice from Nasdaq Stock Market LLC indicating that its listing qualifications staff has determined to delist the company's securities. The company said it plans to request a hearing before a Nasdaq hearings panel, and will remain listed on Nasdaq pending the outcome of the hearing. There can be no assurance that the panel will grant the company's request for continued listing.
Finally getting a move on a long time hold. Amazing what a small news blast can do. XENETIC BIOSCIENCES INC COMP 1.07 0.1928 21.98% Open 1.04 High 1.07 Low 0.9651 Close 0.8772 52 Week Price 0.44 - 16.8895
I covered my shorts from yesterday and maybe looking to get back in but the market seems to be between support and resistance. Let`s just see where the big boys take us.
Had a great day yesterday with (F). holding it's own today. Had a slight break out on a long Penny I have been holding. (XBIO) Market flat today, I see some profit taking. Home Depot getting killed because of money spent on employees. That $800 Million they spent probally will retain vast numbers of employees over the next year and save them a Billion in employee replacement. Don't know why investors do not see the long game there.
New Nice play there... we have an intraday triangle forming on SPY and others..... looking for a nice sized move very soon (meant to reply to you Anthony)
today marks the 40th trading day since the march bear market lows (no not that bear market we're all thinking ). it's been a hella impressive bounce off the lows, you won't find many 40-day rate of change as strong as we've seen here (chart courtesy of bespoke). meanwhile, the nazzy has resumed its V-shaped ascent, and now lookin' like its got eyes for ATH territory. its now closed that late feb. gap. maybe not all that surprising though as QE-infinity has certainly helped the cause crank it to 11 jpow! Spoiler: Click to Show!
Here comes the breakdown, after failure at overnight high. Bears need to stop the win streak at 3; this includes QQQ.
