The Ultimate Market update is your official source for a stock market update. So, a lot is happening in the markets right now. Most notably is the Gamestop short squeeze. If you are trading Gamestop you might want to checkout my post about the situation and how to trade it. To summarize, the easy money […]
Category: Personal Finance
How to Trade Gamestop (gme stock) the Easy Way
GameStop stock (GME-NYSE) spiked more than 100% as retail investors get caught up in the hysteria. The wild trading sessions over the past few days is what Wall Street calls a “Short Squeeze“. A short squeeze happens when a short seller (someone betting the stock price will fall) buys back their short position in a […]
TTD Stock Ready for Next Leg Higher?
The secret to success is innovation and ttd stock (TTD – NASDAQ) dominates the market for ad spending in a special way. Better yet, competitors are way behind and are playing catch up. Not surprisingly, advertising around digital content became dominated by Facebook and Alphabet ( aka. Google). Yet, outside of those platforms a giant […]
Should You Buy Tesla Stock Right Now?
The addition of tesla stock to the s&p 500 kicked Wall Street traders into a frenzy of action during the final quarter of 2020. As a result, the stock price exploded higher! Billionaire Elon Musk likes to push the envelope and investors keep buying up tesla stock. But, is now a good time to buy? […]
Align Tech Stock Shines
Align Tech (NASDAQ: algn) stock shines as investors continue to buy up shares. In fact, the rally is stronger than I anticipated. Invisalign – Align Technology’s flagship product is one of a kind. Clearly, Align’s use of 3D printing for mass production is unique. Also, management’s focus on keeping costs in check will help the […]
The Great Interest Rate Differential
The Great Interest Rate Differential explains what is driving the biggest bull market ever in stocks. So, do you know why the stock market keeps setting new highs during a global pandemic? Then how can this be? Business are forced to close. Populations are locked down. Bankruptcies are at an all time high. Yet stocks […]
Trump Madness Good For Stocks
Trump madness is a sight unimagined. Just when you thought it couldn’t get worse…. But, isn’t the bull market a sight to behold? So, can anything stop stocks from moving higher? Checkout today’s chart of the S&P 500. Isn’t it astonishing the day after Trump supporters stormed Capitol Hill stock markets open higher! To say […]
Salesforce.com on the Edge
So, as I keep an eye on Salesforce.com‘s stock, it’s clear the stock sits on a knives’ edge. Back in December I wrote about Salesforce acquisition of Slack. At that time traders punished the stock price. Investor’s appear to believe management overpaid. Big time! As a result, the stock is stuck in a bearish trading […]
The Trade Desk serves up buying opportunity
I don’t know about you, but I’ve been waiting for an opportunity to buy The Trade Desk. Hard to believe, but the last opportunity was back in late October. At the same time you never want to buy into strength. The old Wall Street saying goes, “Buy Weakness and Sell Strength.” The Trade Desk was […]
Georgia to Decide Senate
Finally, the time has come for Georgia to decide the Senate. Two run off Georgia state elections are underway. And the outcome will likely further divide a fractured nation. Why does this matter and why should I care? Well, for starters, politicians can cause huge problems and sink an economy. For example, increased taxes can […]