Twitter on Pace for 7-Day Losing Streak. CEO Defends Its Fight Against Spam. Twitter stock is on pace for its worst seven-day performance since March 2020 as investors fret over whether Elon Musk will finalize his acquisition of the social media platform in the wake of concerns over spam accounts.
Zoom Gloom: Microsoft Teams Gains Ground in Corporate Videoconferencing Citi analyst Tyler Radke cut his target for the stock price to $118 from $139. He warned that the company faces more difficult days.
Now Is a Pretty Good Time to Buy Tesla Stock Wall Street's average price target implies gains of about 28% for Tesla shares from recent levels. That is unusually attractive for the EV stock.
Rule 1: Bulls, Bears Make Money, Pigs Get Slaughtered Rule 5: Diversify to Control Risk Rule 8: Buy Best-of-Breed Companies Rule 14: Expect, Don't Fear Corrections Rule 23: Beware of Wall Street Hype -- Jim Cramer
Tesla TSLA –5.79% stock, like CEO Elon Musk, is ever controversial: Some analysts foresee a crash and others expect gains of more than 100%. The debate is far from settled, but two metrics make shares of the electric-vehicle leader look unusually attractive.
5/15/2022 Miles Guo: Digital currency market is collapsing in which the trading volume of ETH and NFT increased 3 to 5 times although 20% of Bitcoins were dumped, so who are the super players in the digital currency market? Goldman Sachs, JP Morgan, Rothschild, Rockefeller foundation, also including Zhu Rongji, Neil Shen and Wang Qishan in CCP China
ARKK is down by -58% year to date and -75% from its record high, yet year to date inflows, as of last Monday, was $1.3 billion. That may be the definition of insanity! Position: None
Not surprising but highlighting the self inflicted pain on its economy, China's April economic stats were pretty bad. Retail sales fell 11.1% y/o/y, almost double the estimate of down 6.6% and a contraction for a 2nd month.
The PBOC did not change broad rates in response but there was a tweak lower in mortgage rates for first time buyers. There was also a plan to reopen Shanghai but what happens when there are more flare ups? The Vice Mayor of Shanghai said ...
Tweet of the Week
And it's only Monday...
There... I Have Said It
To me the hardest trade is to be long.
And what will hurt most hedge fund managers is a rally.
Position: None RealMoney
Twitter stock is on pace for its worst seven-day performance since March 2020 as investors fret over whether Elon Musk will finalize his acquisition of the social media platform in the wake of concerns over spam accounts.
Citi analyst Tyler Radke cut his target for the stock price to $118 from $139. He warned that the company faces more difficult days.
Bank of America analyst Ming Hsun Lee upgrades NIO shares to Buy from Hold.
Wall Street's average price target implies gains of about 28% for Tesla shares from recent levels. That is unusually attractive for the EV stock.
Rule 5: Diversify to Control Risk
Rule 8: Buy Best-of-Breed Companies
Rule 14: Expect, Don't Fear Corrections
Rule 23: Beware of Wall Street Hype -- Jim Cramer
There's a Sucker Born Every Minute
* The definition of insanity
That may be the definition of insanity!
Position: None
PETER TCHIR
May 16, 2022 10:00 AM EDT
I am very concerned about crypto and its impact on broader markets.
ALEX FREW MCMILLAN
May 16, 2022 6:14 AM EDT
China's government is more concerned about stopping the spread of Covid-19 than spurring the economy back to life.