Tag: CNBC
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Lithium Stocks Racing Higher on Supply Concerns
Lithium stocks are gaining momentum, as hoped. For one, as we said on August 27, “Lithium stocks were decimated over the last few weeks. But the pullback is overdone.” Two, the supply-demand issue is only expected to get worse. According to CNBC, “The world could face a shortage for lithium as demand for the metal…
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Top Ways to Trade a Trillion-Dollar Metaverse Opportunity
By now, I’m sure you’ve heard of the metaverse. Or, as Meta Platforms’ Mark Zuckerberg puts it, the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as…
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How to Trade Potential $99 Billion Grocery Delivery Market
Keep an eye on DoorDash Inc. (DASH). The stock just broke out above double top resistance, and could soon test $210, we believe. All after it and Albertsons partner on same-day grocery delivery from about 2,000 stores. The partnership, according to CNBC, may help grocery stores, like Albertsons compete with companies like Amazon and Walmart,…
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Short Opportunity: Virgin Galactic Plummeting Back to Earth
So much for Virgin Galactic (SPCE). Weeks after blasting off to a high of $55.50, the sock plummeted to $16.61. Worse, it could fall even more after breaking below support around $15. Not helping, insiders like Chairman Chamath Pailhapitiya, Richard Branson, and Cathie Wood’s new space-themed ETF have been selling hand over fist. In fact,…