Tag: downgrade

  • The Boeing Pullback Is Only Getting Worse

    The Boeing Pullback Is Only Getting Worse

    Boeing (BA) has become a falling knife. And, as we noted on Jan. 7, “Investors may want to short Boeing stock.” Since its recent incident with the fuselage coming off the plane, the stock gapped from about $245 to $217.70 so far.  This morning, BA is down another $6.84 in pre-market. All after Wells Fargo…

  • Here’s Why XPEV Just Turned Lower

    Here’s Why XPEV Just Turned Lower

    Xpeng (XPEV) is on the move. All after Volkswagen announced it will invest $ 700 million in the company to develop EVs together, we noted on July 26. At the time, the stock traded at around $18 a share, and would race to a high of $23.62. Now, after pricing in the Volkswagen news, it’s…

  • Meme Stocks: Why Clover Health Could Take a Dive

    Meme Stocks: Why Clover Health Could Take a Dive

    Investors may want to avoid – or short Clover Health (CLOV). Over the last few days, the stock exploded from a low of about $9 to a high of $28.85. All thanks to the Reddit crowd. While it was impressive to watch, overbought shares of CLOV are starting to pullback on a Bank of America…