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Nio’s (NYSE:NIO) latest drop in price saw NIO stock fall from a Feb. 10 high of $64.60 to a May 13 low of $30.71 before recovering some of those losses over the second half of the month and into June.   Source: Sundry Photography / Shutterstock.com That’s a 52% correction from peak to valley.  On June…

The FTX crypto exchange is in the news Friday after announcing a massive deal with e-sports giant Team SoloMid (TSM). Source: Gorodenkoff / Shutterstock.com Here’s everything crypto investors need to know about the deal between FTX and TSM. The FTX news has the crypto exchange spending $210 million in a naming deal with TSM. This…

Baidu (NASDAQ:BIDU) has been a puzzle for investors. The Chinese internet search giant saw its shares slump in value in 2018 and 2019. As 2020 wound down, they suddenly caught fire and kept rising. Between late November 2020 and mid-February, BIDU stock shot up by 150%. That is phenomenal growth for a mature company. Source:…

The merger between SoFi Technologies (NYSE:SOFI) and Social Capital Hedosophia Holdings Corp. V was completed on May 28. On June 1, SOFI stock began trading in New York. Source: rafapress / Shutterstock.com On its first day of trading, SOFI gained approximately 7%. Now that SoFi is a public company, what does it do for an…

Meme stocks loved by Reddit traders are on the move today and it’s not all rainbows and sunshine as some of them are losing steam. Source: TY Lim / Shutterstock.com Reddit has been rallying shares all week long and boosting them higher in massive short squeezes. While some stocks are still on the rise, others…

Doges, doges everywhere. If you’re a crypto investor, you’ve certainly seen all the dog-themed digital tokens that have popped up in the wake of Dogecoin’s (CCC:DOGE-USD) success. Some, like Shiba Inu (CCC:SHIB-USD), aim to be the “Dogecoin killer,” taking over as the altcoin of choice. Others, like Dogelon Mars (CCC:ELON-USD) simply want to be a community. Alaska…

Timing stocks successfully is not easy especially when they move as fast as The Trade Desk (NASDAQ:TTD). These momentum stocks rarely leave easy entry and exit points. TTD stock lost half of its value from the December high to last month’s low. Investors in it need to have strong charting skills or great convictions long…

A ton of billionaires got richer during the pandemic. The stats are overwhelming. These 10 people made the wealth gap even greater over the past 15 months. Where to start?  So many affluent people made money during the pandemic. At the end of March, CBS News reported that the world’s 2,365 billionaires got 54% richer…

Vinco Ventures (NASDAQ:BBIG) stock could be the next target of a major short squeeze if one analyst is pegging it right. That comes as meme stocks start to lose out on a rally that began earlier this week. With it dying down, retail traders are likely already looking for their next short squeeze targets and…

There are investors who follow very specific investment strategies. A good example is several investors or funds just focusing on initial public offerings. Similarly, I have seen investors who focus entirely on turnaround stories. In the recent past, there has been an army of Reddit users who have targeted heavily shorted stocks for a squeeze.…

Today we’re going to touch on one of my favorite topics, which is science fiction. As technology evolves, it is becoming more science than fiction, and we are almost there. The opportunity to profit from exploring space is as real as ever. Virgin Galactic (NYSE:SPCE) is a major commercial space travel company trading publicly. But trading…

Churchill Capital (NYSE:CCIV) stock is on the move Friday as investors prepare for the deal with Lucid Motors to close. Source: Around the World Photos / Shutterstock.com Churchill Capital, a special purpose acquisition company (SPAC), is planning to go through with a reverse emerger to take Lucid Motors public. Investors have been taking extra interest…

Bitcoin (CCC:BTC-USD) needs a little room to breathe, because it’s one step closer to the edge, and it’s about to break. Room between itself and Elon Musk, that is. By now, you should just assume Elon Musk is always the answer to the question, “why did crypto crash today?” The never-ending beef between a man…

It cannot be understated how greatly the entire market was affected by 2020. Every industry saw radical changes, and while numerous companies saw their performance worsen drastically, we’ve begun to see recovery and the possibility for new highs. Manufacturing stocks represent a chance to be part of this growth. Last year, the market rallied as…

The most essential infrastructure in America can be described in one word. Microsoft (NASDAQ:MSFT). Forget roads. Forget ports, whether air or sea. Forget broadband. It’s Microsoft’s cloud network, software, and engineers that keeps America going and growing. So what does this mean for MSFT stock? Source: NYCStock / Shutterstock.com Microsoft today is more important than…

A crash-and-rally for the ages … the new sector in Luke Lango’s crosshairs … understanding the “Hype Cycle” Today, we’re getting a glimpse of the future. It’s an incredibly profitable future…but those profits sit on the other side of a sector meltdown that will be amplified by a financial media eager to proclaim the sector’s…

Workhorse’s (NASDAQ:WKHS) stock was up both Tuesday and Wednesday, but it really gained steam today. Today’s massive surge in WKHS stock is likely thanks to the current meme stock trading phenomenon. Shares of the electric van company finished Thursday up 28%, but still well below where it traded in February. Source: Photo from WorkHorse.com And…

Stocks began Thursday under pressure, although did find their footing in the morning part of the session. Investors are trying to gauge how to proceed into the summer, a stretch that can be difficult as volume tends to dry up. Before that, though, let’s look at some top stock trades. Top Stock Trades for Tomorrow…