David Sylvain

Posts Tagged 'this and that boutique'

Stock Market Corrections

Shares of Research in Motion Ltd continues to trade above $60. You should also know that finishing a training class on how to trade the boutique s does not guarantee profit. Tesla (TSLA) – Tesla (TSLA) continues to trade below $300 as we head into earnings on Wednesday night. Papa Johns (PZZA) – Shares of PZZA seem to be stalling out ahead of Q1 earnings. Papa Johns (PZZA) – Shares of PZZA are selling off with the stock market. Small Cap Bull 3x (TNA) – TNA continues to fall with the stock market. Small Cap Bull 3x (TNA) – TNA is trying to break out as small caps recover late in the rebound. DryShips (DRYS) – DRYS tanked after another reverse split and could rebound at any time. Apple (AAPL) will likely rebound into earnings in July. Apple (AAPL) – Apple (AAPL) is on fire again and shares rallied above $200. Papa Johns (PZZA) – Shares of PZZA rallied into the $50’s last week but seems to be stalling out. Bitcoin Trust (GBTC) – GBTC topped out at $11 last week, dropped to $9, and is now back above $10. Bitcoin Trust (GBTC) – GBTC is rising back near $7 as Bitcoin remains close to the 2019 high.

 

Bitcoin Trust (GBTC) – GBTC hit a new 2019 high recently but then pulled back sharply. The large premium is showing back up in GBTC shares and I’d rather purchase Bitcoin itself than GBTC at the moment. Bitcoin Trust (GBTC) – GBTC hit another 2019 high on Thursday and has doubled in the last three months. Bitcoin Trust (GBTC) – GBTC hit a new 2019 high on Wednesday. Back in February when Bitcoin was at $3500, the premium was only $400 given that GBTC was trading at $3.90. Arena Pharmaceuticals, Inc. (ARNA) – Arena Pharmaceuticals, Inc. falls back to the 200 day moving average in pre market ($3.99). Also, the price-to-earnings NTM ratio of 24 indicates that the market valuation of Kinaxis is above that of its peer group. NSO, which is being sued by a group of U.S tech firms including Facebook, is one of the world´s better known suppliers of mobile surveillance tools to governments and law enforcement agencies. I remain a believer in Tesla long term but at this point, TNA is a better buy below $70. He notes that TerrAscend has managed better at cash flow generation than Acreage, but the latter has a stronger footprint in the states that have legalized the drug.