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Morning traders! Happy Friday, June 28th. Investors are reacting to the Trump Biden debate, which to me, felt like two old men were angry at bingo night at the old folks home.
My name is Kevin Travers; here are stories from the moomoo herd on Wall Street today.
$Nike(NKE.US$ fell 15% after reporting earnings Thursday, meeting EPS expectations but announcing weak guidance for the coming quarter...
My name is Kevin Travers; here are stories from the moomoo herd on Wall Street today.
$Nike(NKE.US$ fell 15% after reporting earnings Thursday, meeting EPS expectations but announcing weak guidance for the coming quarter...
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On June 26 at 9:00 a.m. PT, $NVIDIA(NVDA.US$ will host its annual meeting. In a May message, CEO Huang called 2024 a 'watershed moment' for the company, and the momentum is evident. Nvidia's market cap soared to $3.3 trillion, overtaking Microsoft as the most valuable public company a few days ago. Nvidia remained in the spotlight this week as its shares continued falling from the record high reached and entered correctio...
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First, review my last post. Assessing Stock Price Trends Through Volume-Price Relationship: SNOW, ARM, and AAPL
My view on $Snowflake(SNOW.US$ potential for building a position has not changed. It is approaching its historical low point from almost two years ago and while there may be resistance to upward movement, there is a lack of downward momentum. This is because in a situation where everyone is losing money, a massive sell-off is unlikely to occur.
$Arm Holdings(ARM.US$ has the p...
My view on $Snowflake(SNOW.US$ potential for building a position has not changed. It is approaching its historical low point from almost two years ago and while there may be resistance to upward movement, there is a lack of downward momentum. This is because in a situation where everyone is losing money, a massive sell-off is unlikely to occur.
$Arm Holdings(ARM.US$ has the p...
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Amidst the non-farm payroll data significantly surpassing expectations, the May CPI figures were released, showing an unadjusted year-over-year increase of 3.3%, with a forecast of 3.4%. Following the announcement, major stock indices began to surge, heralding the commencement of another episode in the interest rate cut saga. My speculation is that the influx of illegal immigrants in the United States may have contributed to the prosperity of the...
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The US CPI for May 2024 will be released on Jun 12, 2024 at 8:30 a.m. Eastern Time.
That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.![]()
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Thank you and adios!![]()
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That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.
Thank you and adios!
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Morning mooers! Happy Monday, June 10th. The market is open and cautiously lower after Friday's '21 inspired meme stock surge investors eyes are back to more current memes; watching the Nvidia stock split, Apple tech event, and an upcoming FOMC rate decision this Wednesday.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$KKR & Co (KKR.US)$ and $CrowdStrike (CRWD.US)$ climbed about 7% after ne...
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$KKR & Co (KKR.US)$ and $CrowdStrike (CRWD.US)$ climbed about 7% after ne...
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Hello Mooers! ![]()
Today, we will be talking about one of my favorite strategies, which is letting profits run.![]()
Mooers might be wondering what 'Let profits run' means.![]()
It actually means to resist the tendency to sell profitable positions too early.
Let me quote a few examples of why Mooers should resist the tendency to sell early and to continue to let their profits run.
![]()
Example 1: Crypto
Mooers who purchased Bitcoin, $Bitcoin(BTC.CC$ , on the first trading day of ...
Today, we will be talking about one of my favorite strategies, which is letting profits run.
Mooers might be wondering what 'Let profits run' means.
Let me quote a few examples of why Mooers should resist the tendency to sell early and to continue to let their profits run.
Mooers who purchased Bitcoin, $Bitcoin(BTC.CC$ , on the first trading day of ...
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$NVIDIA(NVDA.US$ has announced a 10-for-1 stock split, which is set to take place on June 10, 2024. This means each current share will be divided into 10, reducing the price per share to one-tenth.
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Key Date
June 6: Own shares by June 6, 4 PM EDT to be eligible for the stock split.
June 7: Last day to trade shares at the pre-split price and receive 9 additional shares on June 7.
June 10: Split-adjusted trading begins on June 10.
![]()
Why It matters
A...
June 6: Own shares by June 6, 4 PM EDT to be eligible for the stock split.
June 7: Last day to trade shares at the pre-split price and receive 9 additional shares on June 7.
June 10: Split-adjusted trading begins on June 10.
A...
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