Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Elon Musk is a widely renowned investor, inventor, innovator, and engineer with a net worth of $20.2 billion, according to the latest report from Forbes. He is the founder and CEO of Space Exploration Technologies Corporation (SpaceX), where he is also the company’s chief product designer.
In today’s episode of let’s talk stocks, we’re going to cover some technical analysis basics. We’ll talk about the double bottom stock chart pattern, which is a reversal pattern. We’re going to take a look at what the pattern looks like and how to recognize it, it’s previous trend, as well as the volume, projection
http://www.Zacks.com – Kevin Matras explains how to implement a Covered Call option strategy. Stocks highlighted include APEI, GHL, PLCE, MYGN and WAB.
SpaceX rolls out Super Heavy Booster 4 in preparation for the company’s first orbital Starship launch. Elon Musk SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle. A look inside SpaceX’s high bay after
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
In this article AAL TTWO CLX UAA HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images
Roblox (NYSE:RBLX) stock is tanking, but so are all gaming stocks. It appears that Chinese regulators have made up their minds to make the gaming sector their next target. However, RBLX should remain relatively unscathed due to it having only a minor presence in China at the moment. Source: Miguel Lagoa / Shutterstock.com Long story
Dividend investors often pay attention to stocks with the highest yields, and understandably so; the appeal of a big yield for income-focused investors is difficult to overlook. But over time, investors can often generate larger dividends by selecting quality blue chip stocks with high levels of dividend growth, rather than simply chasing the highest yield
Back in January, I covered Sundial Growers (NASDAQ:SNDL) and wrote a bearish article. Essentially, I called SNDL stock a gamble. Now, seven months later, things have not changed much. Source: Shutterstock Of course, it’s hard for a company to present enough news and positive financial performance to radically change an investment thesis over such a
Amazon.com, Inc. (AMZN) reported earnings last week and caught investors off-guard. In a seemingly rare move, the company missed revenue estimates, sinking the stock on Friday. Amazon shares closed down 7.6%, erasing nearly $120 billion of market value. However, the real shock came when Amazon voiced its expectations of much slower sales growth in the
Ashford Hospitality Trust (NYSE:AHT) is a real estate investment trust (REIT) that owns full-service upscale and upper-upscale hotel properties in the U.S. AHT stock opened on August 3 at $15.35. Source: Shutterstock All of its hotels are located across the U.S. and operate under brands including Marriott, Hilton, Hyatt, Crowne Plaza, Sheraton and others. Ashford
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
In this article UIS SPG TTWO Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell: Take-Two Interactive Software — The video game company saw
History has repeatedly shown that market crashes are almost a “natural” part of the investing cycle. On July 19, the S&P 500 saw its worst single-session plunge in months, fueling speculation that a major correction might be around the corner — and that will provide stocks to buy. The spread of the delta variant, which
ExxonMobil (NYSE:XOM) announced very satisfactory second-quarter results on July 30, but the shareholders seem to want more. The problem is the company is doing exactly what it should do with its cash flow. It’s covering its very ample dividend, paying down debt, and paying for necessary capital expenditures. In short, XOM stock is still very
Bionano (NASDAQ:BNGO) is a small life sciences company. Biotech companies use Bionano’s Saphyr system for researching DNA and to diagnose illnesses caused by genetics. Up until recently, Bionano has had difficulty achieving widespread market adoption for Saphyr. However, BNGO stock has gone on a wild ride over the past year as traders gravitated to Bionano’s
Investors in Oracle Corporation (NYSE:ORCL) — at least, those who came on board after 2002 — have been a pretty happy lot. When the dotcom bubble burst in 2000, ORCL stock was hammered. In just two years, investors saw their holdings drop in value by more than 80%. However, since 2002, Oracle shares have been
Bitcoin hit 1 Trillion dollars today and Mark Yusko and Preston talk about what this means for the path moving forward.
Bulls: -The stock market is going up -There is positive momentum -The term “bulls” is used because of the way a bull attacks (on an upward pattern) -The phrase “a bull for McDonald’s” means you are long or positive on McDonald’s Bears: -The stock market is going down -There is negative momentum -The term “bears”
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.