Stocks making waves on Wall Street (JSPR, WTRH, CRXT, SOTK, BLBX)

Looks like another red day for Wall Street today heading down for a fourth-straight session. Wall Street is still making up its mind on the fresh inflation data and third-quarter earnings reports. The broad index dipped about 0.2% after opening slightly higher. The Dow Jones Industrial Average shed about 160 points, or 0.5%. The Nasdaq […]

Meme stocks to look out (BLBX, GME, AMC, NOK, BB, BBY, SPCE)

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 […]

Stocks Taking Center Stage on Wall Street (HLBZ,BLBX,NNVC,CRVS)

The SPY500 has bounced back over 150 points and looks like traders and investors are looking to buy the recent dip. Yesterday’s massive sell off was a result of uncertainty over the future of Evergrande. Chinese officials are expected to stem the spillover from liquidity issues at Evergrande, the country’s largest property developer, before it […]

Why these stocks could just be getting started (GME, AMC, BLBX, GSKY, INDP, ANY)

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 […]

Best Buy (NYSE:BBY) Plunges On Quarter Loss, Restructuring Charges – BBY, GME, RSH, CONN, HGG

Electronics retailer Best Buy Co., Inc. (NYSE:BBY) announced on Tuesday that it swing to a fiscal Q3 loss of $10M, or 3 cents per share, from a profit of $156M, or 43 cents, a year prior. Excluding restructuring charges, the firm declared it earned 3 cents per share. Revenue in the quarter ended Nov. 3 […]

Best Buy (NYSE:BBY) Announces Profit Lower Than Expects – BBY, GME, RSH, HGG, CONN

Best Buy Co., Inc. (NYSE:BBY) declared on Tuesday that a lower than anticipated profit and its ninth same-store sales plunge in 10 quarters, highlighting the challenges its new CEO faces in annoying to turn around the world’s biggest consumer electronics chain. The retailer, which faces cutthroat rivalry from the likes of Amazon.com Inc (NASDAQ:AMZN), Wal-Mart […]