Monthly Archives: April 2020
Showing articles 41 - 43 (43 total)
02Apr10:57 amEST
Better to Be Luckin Than Good
The implosion of shares in the Beijing, China-based Luckin Coffee this morning, down 70-80% as I write this, after the COO apparently fabricated jaw-dropping sales regarding the firm's growth is a good reminder that buying and holding China firms carries additional risk. While it is certainly true that we have seen corporate scandals here in...
01Apr4:28 pmEST
Stock Market Recap 04/01/20 {Video}
The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...
01Apr11:59 amEST
Still Gotta Get Groceries
Although this market remains a wild indecisive and volatile beast, complete with massive overnight swings, there is at least some semblance of a market attempting to be efficient when it comes to pricing in the extended quarantine across the country. Regional and smaller grocers like SFM (below on its daily chart), IMKTA and WMK are all working...