Month: March 2021

Capturing trending movements in a stock or other type of asset can be lucrative. However, getting caught in a reversal is what most traders who pursue trendings stock fear. A reversal is anytime the trend direction of a stock or other type of asset changes. Being able to spot the potential of a reversal signals
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Shares of Carnival Cruise Lines (NYSE:CCL) have climbed approximately 20% in the last month. That puts CCL stock within hailing distance of its pre-pandemic price. I understand that the market is forward thinking, but this seems to be an example of irrational exuberance. Source: Kokoulina / Shutterstock.com As of now, over 82 million Americans have
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One of the most highly touted IPOs in recent history, Airbnb (NASDAQ:ABNB) has been on quite the ride. ABNB stock has moved significantly higher post-IPO amid positive sentiment about the long-term growth potential of the company. Source: BigTunaOnline / Shutterstock.com More recently, ABNB stock rose dramatically following the company’s Feb. 25 earnings call. Since then, shares
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The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space
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Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake earlier this week, a securities
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More than 24 million households in the U.S. have Roth individual retirement accounts, which accounted for $810 billion in retirement assets as of 2019, according to the Investment Company Institute.  The retirement savings vehicles are funded with after-tax dollars, which means distributions are tax-free. Key Takeaways Roth IRAs are retirement savings vehicles that are
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Perhaps one of the more perplexing yet simultaneously intriguing wagers in the market, there’s no shortage of opinion on Carlotz (NASDAQ:LOTZ), the user-car dealership that’s threatening to disrupt the way Americans purchase secondhand vehicles. On one hand, a compelling bullish case exists based largely on the pandemic. However, economic concerns also weigh heavily on LOTZ
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