The debate around cryptocurrency is always hot. Opinions are binary between haters and absolute lovers. But there is a giant portion of the population apathetic about the whole thing. Those are the future upside feeders to Coinbase (NASDAQ:COIN) and COIN stock. Source: Primakov / Shutterstock.com Many of my family members are in that group. They
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With meme stocks starting to tumble and Wall Street becoming much more skeptical about Clover Health (NASDAQ:CLOV), the outlook of CLOV stock has deteriorated meaningfully in recent weeks. Source: Shutterstock Meanwhile, Clover’s claims to be a high-tech disruptor are questionable, and the company continues to face Securites and Exchange Commission and Department of Justice probes,
With the stock-trading paradigm supposedly having shifted because of the novel coronavirus, fuel-cell electric vehicle (FCEV) specialist Plug Power (NASDAQ:PLUG) looks awfully enticing. From its peak 2021 closing price of $73.18, PLUG stock is now down more than 60%. Of course, in this day and age of social media, such a decline represents about as
A trading model is a clearly defined, step-by-step rule-based structure for governing trading activities. In this article, we introduce the basic concept of trading models, explain their benefits, and provide instructions on how to build your own trading model. The Benefits of Building a Trading Model Using a rule-based trading model offers many benefits: Models
Did you know that you’re supposed to calculate your income taxes two different ways? First, you figure your tax liability under the regular tax system, which factors in preferential treatment of some income and allows tax credits for certain types of expenses. Then you calculate your taxes using the rules for the alternative minimum tax
The price-to-book (P/B) ratio is an evaluation metric that is used to compare the current market price of a company’s stock to its book value. The P/B ratio is favored by value investors for its usefulness in identifying undervalued companies. The average P/B ratio for banking firms, as of the first quarter of 2021, is approximately 1.28.
The concept of liquidity has many facets, and they influence the price of Bitcoin. One way of defining liquidity is the ability of an asset to be converted to cash on demand. Another view is that liquidity is determined by the bid-ask spread, and an investment with a lower bid-ask spread has higher liquidity. Liquidity
There are a number of ways to rank the size of insurance companies. Companies can be measured by their market capitalization (the value of the company on a stock exchange) or by using sales figures, such as net premiums written in a year or how many policies were sold. Here, we examine the top 10
Who Enforces GAAP? Responsibility for enforcement and shaping of generally accepted accounting principles (GAAP) falls to two organizations: The Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC). The SEC has the authority under securities law to both set and enforce accounting standards, while the FASB, an independent non-governmental body tasked by the
Elon, are you listening? Because Lucid Motors, currently known as Churchill Capital Corp IV (NYSE:CCIV), just opened fire. Lucid’s CEO Peter Rawlinson delivered a finely honed message during yesterday’s investor call: the EV newcomer is about to challenge Tesla’s (NASDAQ:TSLA) dominance in electric vehicles. And, you remember that exorbitantly rich valuation for CCIV stock I’ve
Clover Health (NASDAQ:CLOV) stock has fallen back to around $9 per share. Should you buy this recent dip? It depends whether you are buying this on its fundamentals. Or, if you’re approaching this a short-term squeeze trade. Source: Shutterstock As seen in my past coverage of “short squeeze” stocks, I’m skeptical that another round of
Airbnb (NASDAQ:ABNB) has been a volatile stock since its initial public offering (IPO). Since going public in December 2020, ABNB stock has soared over $219 per share. But the stock has come down considerably since then. At the time of this writing, shares of Airbnb are trading hands for around $150. This is essentially right at
Vaxart (NASDAQ:VXRT) has been one of the most volatile names in the biotech sector in the last 12 months. One reason is that it’s still trying to participate in the Covid-19 vaccine race. Another is that VXRT stock has been adopted by the Reddit crowd. Source: Photo courtesy of Vaxart, Inc. However, with the stock
Airlines were some of the hardest-hit companies during the pandemic, and that was reflected in tanking stocks. American Airlines (NASDAQ:AAL) may be the world’s largest airline, but it was no exception. In just over one month starting last February, AAL stock dropped 65%. With the pandemic effectively grounding flights, shares remained at depressed levels through
As I write this, Clover Health (NASDAQ:CLOV) is trading at $8.78 per share. But by the rumblings on the Reddit message boards, CLOV stock is about to go higher. Clover has been one of the “stonks” that are a part of the investing landscape in 2021. Affectionately called the “apes,” this network of traders is ready to
I have to admit, you have to admit – almost anyone with hope for a Rust Belt recovery would have to admit – that the story of Lordstown Motors Group (NASDAQ:RIDE) and RIDE stock warmed the heart. What a promise for the Heartland! All signs pointed to success for the effort, which promised to convert a
Although Coupang (NYSE:CPNG) is one of the most intriguing names in business because of its remarkable ascent, I had reservations about the company when I last wrote about in April of this year. It wasn’t an easy article to write since I covered it when CPNG stock was a private equity play; thus, I had
Data mining firm Palantir (NYSE:PLTR) has taken its investors on a wild ride since going public last September. The volatility in PLTR stock raises concerns about its risk. Source: Sundry Photography / Shutterstock.com The reality is that the company has a highly compelling business model with solid competitive strengths. It finds itself in a unique
Conservative investors who look at a timeline of Workhorse’s (NASDAQ:WKHS) stock this year might agree with my conclusion: There remains no fundamental reason to snap up shares currently. Source: Shutterstock Thus far, there have been two distinct peaks in Workhorse share prices in 2021. Let’s look back on what fueled WKHS shares upward on those
In today’s episode of let’s talk stocks, we are going to take a look at the basics behind calendar spreads. I going to show you how they work, as well as how you can make money and profit from them in the market place. #calendarspreads #optionstrategy #thetadecay #marketplace #tradingcalendar Posted at: https://tradersfly.com/blog/options-calendar-spread-ep-209/ ???? GET MY