Stimulus
Thursday, October 15 2020
market Sell Off Before the election
Thursday, October 15 2020, 04:31 / 18023 comments
Thursday, October 15 2020
Thursday, October 15 2020, 04:31 / 18023 comments
Stimulus
Sunday, October 11 2020
Sunday, October 11 2020, 20:53 / 20064 comments
Some stay-home stocks ran up so much, now are overbought and we recommend selling them short and selling naked calls.
Saturday, September 19 2020
Saturday, September 19 2020, 17:56 / 436 comments
We believe Way Fair stock was up for couple of reason, first the company announced that their 2020 Way Day is schedule for Wednesday 9/23/2020. Way Day is like Prime Day for Amazon (AMZN) which the company offer discounts on most of their products to attract current and new customers.
The other reason W stock was up on Friday is most stay-at-home stocks were up.
We believe W stock ran way too high in August in anticipation of great Q2 results and analysts upgrading the shares and raising price targets. W announced their Q2 results on August 5th and they did indeed blow past the highest estimates and the stock soared to $349 within few days.
We believe that in the next few days leading to Way Day, and maybe the rest of the coming week, W stock will go higher. However, we believe the share will under perform for the remaining of 2020.
Q2 benefited from the US government Stimulus payment of $1,200 to every American, and the $600/ weekly Unemployment Benefits coupled with Stay-at-Home mandates due to the Covid-19, and many people spending more money on their homes. These payment stopped in August and September, besides furniture is not something people buy frequently like food or clothes.
Saturday, August 29 2020
Saturday, August 29 2020, 14:23 / 469 comments
FB just announced
Saturday, August 22 2020
Saturday, August 22 2020, 19:33 / 3390 comments
Some stocks ran up so high.....
Saturday, August 15 2020
Saturday, August 15 2020, 19:21 / 5429 comments
Write an article about Way Fair
Sunday, August 9 2020
Sunday, August 9 2020, 19:38 / 18579 comments
Stocks that ran up so much, overbought stocks
Tuesday, July 7 2020
Tuesday, July 7 2020, 20:33 / 11668 comments
Roku is going to be bought by Walmart
Tuesday, April 28 2020
Tuesday, April 28 2020, 19:53 / 4493 comments
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Tuesday, April 28 2020, 19:52 / 31629 comments
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