Sticking With This Neostellar Price Target After Surprise $14 Million Update
A name and symbol change have turned some heads, but we found another significant surprise to consider.
A name and symbol change have turned some heads, but we found another significant surprise to consider.
In response to some subscriber emails I am maintaining a small portion of my high-beta, high-tech short package – including (but not restricted to ($SNDK), ($MU), ($CAT), ($INTC), ($AMD), ($AMAT), ($CRWV) etc.)
Positions: Short Package VS (including stocks mentioned above)
Nasdaq, the S&P and even the Russell are all up; but here’s why I think they’ll come back down to earth.
Another leg lower for momentum, high beta tech (part of my short basket).
I am sticking with the remainder of the basket even though some of the drops have been dramatic:
Today’s Selected Price Changes in Short Basket
* SNDK ($SNDK) -$255
* CAT ($CAT) -$58
* CRWV ($CRWV) -$15
* INTC ($INTC) -$11
* MU ($MU) -$98
Position: Short Basket
Here’s why this week and next should be a busy time for this Portfolio position.
Let’s dive into the Iran peace deal, some $10K Portfolio updates and my plan for today.
I’m expecting an oversold rally this week. The question is, will it be successful? It depends on these three charts.
Here’s our price target on the aerospace firm as a Nasdaq 100 announcement turns heads on Wall Street.
Oil prices fall, midterms spending, Nasdaq-100 changes, and other headlines moving stocks this morning.