Tag: Jeff Bezos

  • Use Weakness as an Opportunity in Pharmacy Stocks

    Use Weakness as an Opportunity in Pharmacy Stocks

    Keep an eye on drugstore stocks. At the moment, CVS Health (CVS), Walgreens (WBA), and Rite Aid (RAD) are getting knocked down on speculation Amazon could open brick-and-mortar pharmacies. However, discussions are only in exploratory stages.  Plus, even if Amazon wanted to move forward, it could take up to a year for stores to open.…

  • Short Opportunity: Virgin Galactic Plummeting Back to Earth

    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,…