Latest Insights on UPST
Slacking Off; United We Cough; iPick iRobot July 22, 2020 Great Stuff Cutting Some Slack Once again, dear reader, I’m bored with this market. We’ve got China news. We’ve got COVID-19 news. It’s all the same old, same old for 2020. Or so I thought… Thank the market gods for Slack Technologies Inc. (NYSE: WORK). You should be familiar with Slack by now. If not, this California […]
All Vax-ed Out; Global Goldman; Preaching Peacock July 15, 2020 Great Stuff Back in Vax Wall Street is back in black. Hit the sack. It’s been so long; bulls are glad to be back. Vaccine news let ‘em loose, from the coronavirus noose that’s kept stocks hanging around. But it wasn’t just one COVID-19 vaccine revelation that has Wall Street looking at the sky and getting high. […]
The Dow’s Squeeze Box; Rivian Reminds Us It Exists July 10, 2020 Great Stuff Friday Four Play: The “Squeezed Like S’mores” Edition The Dow Jones Industrial Average is about to melt like the gooey center of s’mores over a hot fire. If technical indicators are worth their salt, this melt will happen soon. The question is, will it be a melt up or a melt down? (And will there […]
Volatility Scares; Nikola Tears Bears; Deplorable Oracles June 17, 2020 Great Stuff Reality Bites Today, dear reader, I’m dropping reality bombs. So, fasten your seatbelts and put your tray tables in the upright position. Ready? Good. There will most likely be a second economic lockdown. I know. Everyone from the Treasury secretary to President Trump himself has said it won’t happen. It’s out of their hands now. […]
Nikola Vs. Tesla; Uber Out; GameStopped June 10, 2020 Great Stuff The EV Soap Opera Drama Like sands through the hourglass, so are the days of electric-vehicle (EV) lives! In yesterday’s episode of EV Days, upstart Nikola Corp. (Nasdaq: NKLA) tried to take advantage of a weakened Tesla Inc. (Nasdaq: TSLA). While Tesla still recuperated in a hospital bed from a nasty virus, Nikola announced that […]