The 'smart money' is buying only five of 11 popular tech stocks — and selling one, says TheAroraReport
The stock market has had nearly a straight-up move since Christmas Eve. Technology stocks have been especially strong.
• As the chart shows, smart money flows — those from professional investors — are very positive in only two popular tech stocks: Alibaba BABA, -0.81% and Facebook FB, +0.36% Short squeezes A short squeeze occurs when short sellers either panic or are compelled to buy to cover shares that were previously short sold. This leads to a lot of artificial buying that is not based on fundamentals.
Risk-adjusted rankings are more useful for medium- and long-term positions. Non-risk-adjusted rankings are more useful for short-term or trade-around positions.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Lyft stock drops more than 11%, falling below IPO priceLyft Inc. shares tumbled more than 11% Monday, dropping below their IPO price of $72 in a rough second day of trading for the San Francisco ride-hailing firm.
Weiterlesen »
New-home sales rise in February to 11-month high, but earlier figures are revised lowerSales of newly-constructed homes were much higher in February, but earlier months’ data were marked down, leaving the housing market plodding just ahead of...
Weiterlesen »
U.S. new home sales rise to 11-month high in FebruarySales of new U.S. single-family homes increased to an 11-month high in February ...
Weiterlesen »
An 11-year-old gave Giannis Antetokounmpo her artwork and tears were shed“This is amazing,” Antetokounmpo told the young fan. “You did all this?”
Weiterlesen »
11 Discounts That Can Lower Your Car Insurance PremiumsAnyone who has spent any time watching television or surfing the web has no doubt encountered the blizzard of advertisements by big auto insurance companies—from GEICO to State Farm to Progressive. Insurers compete fiercely for new clients, not just with ads, but with an array of discounts. Yet surp
Weiterlesen »
One More Thing: 9/11 Victim Compensation Fund running outThe 9/11 Victim Compensation fund, which helps cover the medical and family support costs for first responders, has only $2 billion dollars left and is facing a potential 70% cut for future payments. So far, half of the recipients remain unpaid.
Weiterlesen »
Mayor to apologize for 1891 lynching of 11 Italian AmericansNEW ORLEANS (AP) — The mayor of New Orleans plans an apology to Italian Americans for what's considered the nation's most deadly lynching — violence in which 11 Italian immigrants were killed after acquittals in a police chief's murder.
Weiterlesen »
128 years later, New Orleans is apologizing for lynching 11 ItaliansThe largest mass lynching in US history killed 11 Italians in New Orleans in 1891. And now an Italian-American group says the city's mayor is set to offer a first-ever apology to Italian-Americans for the city's role in the lawless murders.
Weiterlesen »