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 $1.9 T in stimulus up for grabs. […]
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More Q4 Earnings Recaps: Chegg, Alteryx, Corsair, Yeti, DataDog, Cloudflare
There were a number of notable earnings this week. I was not one of the lucky ones that had invested in Hubspot ($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 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 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 […]
Continue ReadingStock Market Recap: Week of Jan. 17-23, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 1.94%S&P 500 return YTD: 2.36% Market had a solid week. The inauguration went off without a hitch and enthusiasm for the Biden COVID stimulus plan resulted in some solid gains. Most companies so far have beat earnings estimates which should […]
Continue ReadingStock Market Recap: Week of Jan. 10-16, 2021
What Happened in the Market (and the World) This Week? The S&P 500 dropped 1.47% this week. Friday was especially bad with the S&P 500 dropping 0.72% which is largely due to what I think were some bank earning overreactions and maybe the fact that retail sales had another drop in December. JPMorgan ($JPM) had […]
Continue Reading$SFIX $CHGG – Sleeper Stocks and Joe Biden’s Stimulus Plan
$SFIX – Stitch Fix Stock Stitch Fix ($SFIX) has been an interesting stock to buy and hold. It IPO’d in late 2017 and I bought shares pretty early on because I believed in Katrina Lake and I thought the business model made a lot of sense. I mean, personalized, fashionable clothes at a reasonable price […]
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