The housing market is a mess. Homebuilder stocks are suffering. There are many reasons for this. Boomers refuse to move out. Millennial buyers can’t move in. So-called “starter homes” that brought generations into the market are now unaffordable for many. The problem is homebuyers don’t just buy houses. We also buy the money to buy houses.
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The current market downturn has not been equal or fair. Some stocks have taken a much worse beating than others amid the volatility and churn. Technology stocks and stocks that thrived during the pandemic have been particularly hard hit since markets peaked in Nov. 2021 and turned lower. While some stocks have started to recover,
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We’re going to talk about penny stocks and what is so attractive to these nowadays. There is a couple of reasons why people are attracted to penny stocks, and you need to hear this before you start trading penny stocks. #pennystocks #tradingpenny #tradingstocks #pennystocktrader #cheapstocks Posted at: https://tradersfly.com/blog/why-are-people-attracted-to-penny-stocks/ 💌 Newsletter & Announcements : https://tradersfly.com/go/tube/ 🎁
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Recently, I begged people not to invest in video game retailer GameStop (NYSE:GME) yet. I suggested that GME stock needs to hit $20 before anyone should jump into the trade. Even after a post-earnings rally, I’m standing by the wait-for-$20 strategy as GameStop’s financials aren’t as stellar as some perma-bulls might assume. Don’t get me wrong
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While 2022 has been a terrible year for investors looking for penny stocks to buy, 2023 might not be as bad. The economy went through a choppy year, and particularly volatile assets such as penny stocks sold off painfully. Of course, that correction wasn’t unexpected since penny stocks surged in 2021 due to loose monetary
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Just a year ago, Rivian Automotive (NASDAQ:RIVN) stock was flying high. Trading for more than $100 per share, RIVN was considered one of the most promising vehicle electrification plays out there. It was also among several companies considered to be in the running to supplant Tesla (NASDAQ:TSLA), and become the top dog among EV companies
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Microcap expert Ian Cassel has been investing in microcaps for over 20 years and is a co-founder of the popular site MicroCapClub. He’s the author of two amazing books on Intelligent Fanatics – a phrase coined by Charlie Munger. And he’s now the CIO of Intelligent Fanatics Capital Management. IN THIS EPISODE, YOU’LL LEARN: 0:00:00
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Today I’m going to show you how I would trade the market under the current conditions. We are going to take a look at a diagonal spread on SPX, and I’ll give you my thoughts and insights on how I would approach this type of trade. #stocktrading #options #optiontrading #option #diagonalspread #spx Posted at: https://tradersfly.com/blog/creating-a-double-diagonal-strategy-on-spx-quick-options-trade-strategy/
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