Going through one of my watchlists, "favorite trading stocks" looking for some value plays on a market rebound. YETI is at $48 and has broken support. VZ watch>>> The YETI More to follow on this one. Hopefully it drops some more.
YETI It's still pricey. This is one of those stocks that retail has historically chased. A Cramer type stock if you will. Thing is, when stocks like this get cheap relative to where they were, retail keeps buying (and losing money) on the way down. It's went from $107 to $50 in 6 months, and it's been a gradual drop. Those are the worst kind, because eventually there's a big flush, and it looks like it may be at that point. There was a small flush between $63 and $50, but I think we'll get at least one more. Earnings should be in early May. Hmmmm. It's too dangerous to short, but it's certainly not ready to be bought yet. Lets set an alert for $41.
BofA Securities said that they saw the stock's decline as an opportunity. "While one can approach valuation multiple ways, it appears that the market is pricing in the most bearish scenarios at current levels," they wrote in a note dated April 20. BofA Securities also noted that Disney was seeing “significant” recovery in its lucrative theme park business “which should de-risk the P&L near-term.” Morgan Stanley was particularly bullish about Disney’s theme park business in a note dated April 7, proposing that the company “may be in year one of a historically strong period of growth for its parks business.” Drivers include pent-up consumer demand, the implementation of technology to help control labor costs, a revitalized Epcot, and the addition of new cruise ships.
DIPSY DUE TRADE-! AR-The hydrocarbon exploration company is scheduled to announce Q1 results tomorrow, Apr. 27, after market close.
Wow Van what has happened with you and Yullia... A Bear market can do this I am arguing with my wife alot - Yullia bored? That RV situation in the back yard Van maybe not enough... Yullia has dreams.
This is an interesting development and shows our two countries still have some communication lines open- What about Britney the female basketball player?
Chinese EV stocks rebound on signal of state-backed financial support----- $4 trade here Van---> $61 BYDDY BYD Company Limited $56.781.73(+3.14%)7:23 AM 04/27/22