I think that this development has potentially important implications for you and me. Older efforts at computer driven trading were driven by efforts to act faster than humans on the freshest data. This has been lucrative for the firms doing this, I’m sure. But I personally don’t find it...
–what really jumps out to me is that both buyers are using stock, a more expensive form of capital than debt, to finance these acquisitions, This is even though both acquirers have strong cash flows and modest financial leverage. In addition, XOM and CVX are both trading at single-digit ...
One of the things rookie securities analysts and portfolio managers often hear is “don’t chase.” I certainly did, practically every day from one of my mentors. That is, don’t buy the latest hot stock that’s surging and has already doubled or tripled in price. It’s too late. In...
a change in trading bot behavior? August 29, 2023 By dduane in Uncategorized Leave a comment I’ve been noticing recently that, especially clearly in the after-market, trading bots have been buying and selling much more aggressively than I’d become used to. Assuming my perception is correc...
Can't please everyone but for me indispensable to have Mike tell us what Mike would do as he is the luminary to learn from... Thank you for the feedback Tim That's Awesome, Mike. Thank you for covering that. Its so helpful to see our mentors routines, ho...
Many years ago, one of my former mentors used to remind me often that without perspective in the stock market, we are merely gambling. To this date, to me that remains one of the truest statements about trading the markets. HD Stock Charts ...
Financials have achieved outperformance since the presidential election, on the idea that more M&A may be permitted under Trump, as well as perhaps the thought that his so-far incoherent money policy/currency ideas will present lucrative trading opportunities. These sectors are also currently showing ...
So you know where I stand, I’ve owned the stock for a long time. I just added some a day or two ago, on the idea that the company’s had been (uncharacteristically) pummeled by Walmart’s over the past year and was trading at a huge PE multiple discount to WMT. I figured tha...
–if we look at trading data, the short interest in HOOD is a bit less than 7% of the float. At current volume, this would take just under two days to cover. The overall short interest for the S&P 500 is 1.8% of the float, and is about 3.5% for stocks of HOOD’s size. But ...