I like investing in individual stocks. It’s fun, it’s interesting, I learn a lot doing it and most of all, it helps provide for my family and my future retirement. Now don’t get me wrong, there’s nothing wrong with just investing in a low-cost index fund and most people already do to some degree if […]
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Stock Market Recap: Week of Feb. 7 – 13, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 1.23%S&P 500 return YTD: 4.94% The market just keeps going up. It’s incredible how much positive momentum there is right now given the low interest rate environment and the Fed printing money plus $1.9 T in stimulus up for grabs. […]
Continue ReadingMore Q4 Earnings Recaps: Chegg, Alteryx, Corsair, Yeti, DataDog, Cloudflare
There were a number of notable earnings this week. I was not one of the lucky ones that had invested in Hubspot ($HUBS) or Zillow ($Z) that saw some huge share price gains this week after their earnings release. In fact, only one company that I own was up after their earnings release: Monday:Chegg ($CHGG) […]
Continue ReadingPinterest & Peloton Q4/Q2 Earnings Recap
What happened after their earnings reports? Pinterest ($PINS) and Peloton ($PTON) announced their earnings results Thursday afternoon and it was a tale of two cities when it comes to earnings reactions. Pinterest shot up 10%+ in after hours and Peloton tanked nearly 10% in after hours. During the next trading day, Pinterest was up as […]
Continue ReadingStock Market Recap: Week of Jan. 31-Feb. 6, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 4.64%S&P 500 return YTD: 3.61% What an awesome week in the market. The market went up nearly 5% this week due to strong earnings, hope for President Biden’s stimulus and “improving” economic data. Last week the market finished in the […]
Continue ReadingThe Container Store $TCS Q3 2020 Earnings Recap
How was The Container Store’s Q3 2020 Earnings? The Container Store ($TCS) announced their Q3 2020 earnings results yesterday and they absolutely crushed it. Net Sales: $275.5 M (up 20.5% YoY)Online Sales: Up 98.1% (vs. 86.4% last quarter)Adjusted EBITDA: $42.4 M (up 98.9% YoY)Net Income: $19.7 M (vs. $2.4 M last year)GAAP EPS: $0.40 (vs. […]
Continue ReadingJanuary 2021 Month End Portfolio Recap
What a crazy month. GameStop has been the talk of the week and for good reason. GameStop’s ($GME) stock price has literally 80x’d in the past year and has increased 17x year-to-date. I must admit my good fortune, where I got in around $12 back in October after listening to a Motley Fool podcast about […]
Continue ReadingRobinhood’s Big Blunder
What a bloodbath today for the short squeeze stocks or Wall Street Bets stocks. What did Robinhood do?! Robinhood, Interactive Brokers, ETrade and a few other brokerages all announced early Thursday morning that their users were restricted from trading stocks like GameStop, AMC, Blackberry, etc. This of course caused all of these stocks to tank […]
Continue ReadingGameStop, AMC, Bed Bath and Beyond still going up!
I think GameStop hit $350 at one point pre-market. My emotions: I can’t believe it. I’m completely amazed. I’ve never seen anything like this. I’m used to big movements since I invest in growth stocks, but this is a whole new level. I bought some additional shares of $GME at $87.50 pre-market yesterday morning after […]
Continue ReadingDon’t Underestimate the Power of a Short Squeeze
Took this screenshot at 5:58 AM CST, pre-market trading. GameStop ($GME) literally hit a peak of $136 earlier in pre-market before settling down. I’m laughing out loud since I thought that $GME simply couldn’t go much higher. Bed Bath and Beyond ($BBBY), AMC ($AMC) and Blackberry ($BB) also up a ton. AMC was able to […]
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