Daily Trade

In the month since Airbnb’s (NASDAQ:ABNB) IPO one thing is fairly clear: Airbnb stock was perfectly priced and there looks to be little reason to buy now. Source: BigTunaOnline / Shutterstock.com Many of my colleagues at InvestorPlace expressed the idea that Airbnb shares are likely to have a bright future. Those same colleagues also readily

If you only read the headlines and watch the primetime news channels, you might think that the market was down bigtime this week. Let me bring you back to reality … Source: Shutterstock The exact opposite is true. The three major stock indices hit all-time highs even in the face of a historic week for

The biggest thing that’s changed since I wrote about Hyliion Holdings (NYSE:HYLN) in November is that the electric vehicle (EV) bubble has begun to lose a little air. However HYLN stock was punished more than most. That’s not a surprise. It was getting very crowded in the EV sector. Source: Shutterstock Furthermore, Hyliion was entering

When gold was discovered at Sutter’s Mill in the 1850s, thousands upon thousands of people rushed to California hoping to strike it rich. Source: Shutterstock Some got lucky and did. Most did not. A few very smart folks made their fortunes another way — by selling basic goods to the miners. You may not have

A popular “backdoor” method of going public, the SPAC or special purpose acquisition company featured heavily throughout 2020. And 2021 looks to continue the momentum with Tuscan Holdings Corp (NASDAQ:THCB), which aims to merge with Microvast, an advanced lithium-ion battery maker headquartered in Texas with its manufacturing center in China. Can THCB stock charm investors

“Time is money.” Source: Shutterstock It’s as true now as when Ben Franklin wrote that back in 1748 in his essay, Advice to a Young Tradesman. It takes time to compound your money and multiply your wealth. On the other hand, time spent out of the market often (usually!) results in lost profits. And here’s

Shares of leading lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) were up almost 89% in December.  LAZR stock still has a lot of volatility in its future, though. Source: Shutterstock Luminar recently completed its merger with blank-check company Gores Metropoulos raising almost $600 million in proceeds. The deal will speed up the commercialization of Luminar’s lidar-sensor technology

Happy New Year! Source: Shutterstock I hope everyone had a wonderful holiday season and got the chance to safely see some loved ones and relax. I know I did, and now I am ready to face 2021 head on. A new year brings new opportunities … opportunities in the stock market and in many areas

Luckin Coffee (OTCMKTS:LKNCY) has been moving up ever since the Dec. 17 report was published from the company’s joint provisional liquidators (JPL). Since then LKNCY stock has been spiking. I believe that it could go much higher from here. Source: NewsToday / Shutterstock.com At one point the stock went from $3.74 before the report to

Not too long ago, I offered a very strong buy recommendation for next-gen, solid-state battery maker Quantumscape (NYSE:QS). At the time, QS stock was trading at $65 and change. Source: nrqemi / Shutterstock.com Five days later, the stock shot up to its all-time high price of $132.73. But to be honest, I think I got lucky

Short-term rental platform Airbnb (NASDAQ:ABNB) stock has recently made an impressive entrance to Wall Street. ABNB stock’s initial public offering (IPO) of Dec. 10 was one of the most widely-followed IPOs of 2020. Source: BigTunaOnline / Shutterstock.com The company initially set its opening price at $68 per share, but ABNB shares opened at $146 on

If there was ever coverage on a particular company that could be classified as almost exclusively low-hanging fruit, DoorDash (NYSE:DASH) would be it. Frankly, when you peruse the blogosphere, everyone’s writing the same article: DoorDash stock enjoyed the benefits of a supercharged initial public offering but once the euphoria fades, shares will crumble. Great but

Moderna (NASDAQ:MRNA) is reaping the rewards of its successful Covid-19 vaccine, pushing MRNA stock higher and higher. It is now winning more contracts to deliver its vaccine and analysts are taking note. Source: Ascannio / Shutterstock.com And the stock has been climbing. Especially since the FDA approved its Covid-19 vaccine on Dec. 18 for emergency

Once we get back to normal, one of the technologies you should truly advantage is global air travel. Having visited many parts of the world, I’ve gained an education that you can’t get from textbooks. And one of the lessons I’ve learned is that when it comes to foreign policy, Americans are probably the most

It’s been about two years since Moderna (NASDAQ:MRNA) came public. The company raised $604 million at a $7.5 billion valuation. But the first-day return for MRNA stock was a dud. The return was an awful -19%. Source: Ascannio / Shutterstock.com At the time, there were concerns about the vaccine market, which has traditionally been challenging.

A few weeks back, I said to fade the big rally in Sundial Growers (NASDAQ:SNDL). But now, after its pullback from 75 cents to 45 cents per share, there may be opportunity in SNDL stock for those with a high risk appetite. No, not due to the fact this penny stock has fallen further below

It’s been a few weeks since Airbnb (NASDAQ:ABNB) went public at $68 a share. Since then, Airbnb stock has jumped to $150, most of those gains coming on its first day of trading.  Source: BigTunaOnline / Shutterstock.com The short-term stay platform sold $3.74 billion in gross proceeds in its initial public offering. Theoretically, it could

Here in Canada, the Moderna (NASDAQ:MRNA) Covid-19 vaccine has made its way across the country, and as I write this with the most vulnerable expected to receive their first doses any moment. You would think the Moderna rollout in various countries around the world would be good news for MRNA stock, but the opposite appears

Airbnb (NASDAQ:ABNB) stock is coming back to earth after a blockbuster debut. Shares of the home-rental giant plunged 25% within a week of debuting. Source: Tero Vesalainen / Shutterstock.com However, Wall Street believes the stock could slump further. And with shares trading at a price-earnings ratio of 21.3x, can you blame them? Airbnb is not

There are less than 31 hours left in this crazy year. Source: Shutterstock That means we’re about to close the chapter on the first year of the Roaring 2020s and turn our attention to the second. I’m grateful to be alive and investing at this exciting time in our history, because I can’t wait for