Lucid Group (NASDAQ:LCID) surges on delivery (GME, AMC, BLBX, HOG, TCS, EJH)

One of the most obvious statements available to that subset of investors who are “very interested” in investing and trading stocks is that “investing and trading stocks is very interesting”. It’s tautological. From a market cycle standpoint, it is also inevitably true that as a bull market ages and matures, more and more people become very interested in investing and trading stocks. We are now about 13 years into a secular bull market, and investor enthusiasm hasn’t been surging at this level since the late 1990s. It’s one of those times when everybody is in on the game, and everybody is making money.

It won’t last forever, but it could still last for years. During this type of market environment, one of the biggest winners among industries is likely to be financial technology providers of services to retail investors and traders. There are low-hanging fruit examples to confirm this idea, including those that allow transactions, such as Robinhood (13 million users today vs 0 in 2015) or those that allow social community interactions around trading, such as StockTwits (>2 million users today vs 250K in 2017). This user growth has been augmented by a massive surge in options trading and a drop in fees charged by brokers to, in many cases, $0/trade. One of the most dramatic examples of the sudden dominant interest of retail market participants is the massive short squeezes we are seeing in stocks such as GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC).

This scenario – a raging bull market that casts advantages upon new technology services for market participants – forms the context of Blackboxstocks, Inc (OTC US:BLBX). Click HERE to read the entire report on BLBX.

Now, lets take a look at Lucid Group (NASDAQ:LCID​) which has literally stormed Wall Street. In just last 2 weeks, LCID is up over 70 percent. Looks like LCID may soon give TSLA (NASDAQ:TSLA) a run for its money. LCID has already began delivering the “Dream Edition” with a range of 520 miles beating Tesla. In a very short span of time, LCID has already build its first factory and gearing up to explore new markets even as it sets itself up for success in the U.S. Saudi Arabia. Lucid will start delivering the Touring and Pure models in the U.S. in 2022.

Some of other stocks that are on the uptick in the pre-market session include Harley-Davidson (NYSE:HOG) up by 7.42% to $39.2, E-Home Household Service (NASDAQ:EJH) shares moved upwards by 6.66% to $2.88, Container Store Group (NYSE:TCS) stock has gained 6.05% tand currently trading at $11.73.

 

Please make sure to read and completely understand our disclaimer at https://www.wallstreetpr.com/disclaimer. While reading this article one must assume that we may be compensated for posting this content on our website.

Published by Flavia Carruth

Hi, I am Flavia and have done my MBA with finance as specialization and a Bachelor in Economics with 4 years of experience as Financial Analyst in leading Software Firm. I have passion for article writing, report making and stock market Analysis.

Recent Stories

SignUp Now For Our Featured Newsletter