
NASDAQ:HOOD
Billy Kawasaki’s Insights - Billy's most-liked answers from 5i Research
There has been no material news related to HOOD. That said, cryptocurrencies are under pressure, and the stock has fallen below its 200-day moving average. Management did share some encouraging commentary regarding the potential of Trump (kids) accounts. They view the recent pullback as a buying opportunity. Unlock Premium - Try 5i Free
Was up 205% last year, though has pulled back from October highs, due to cooling in cryptos and speculative stocks. He likes HOOD long term. A generation is learning to trade on HOOD, a generation that will inherit more than $1 trillion from baby boomer parents. Short term, HOOD may trade in line with crypto and spec plays.
Now a "mature" meme stock. Investors like it. He doesn't like that it's gone parabolic -- now what do you do? He has no idea where it goes from today.
If you own it and it's up so much in less than a year, perhaps sell some. At least put on a stop loss. Chart shows a peak from 2021 repeated in 2025 before it took off, just below $60, so this is a natural place for it to gravitate to.
Bottom line on momentum is not to fight it; just go with it, baby. That's the case here. You don't have to understand it. Move this year is parabolic. Though he can't see the momentum indicators such as MACD or RSI, the 1-year chart shows a bit of rounding. Could be just consolidating, but you don't want to see it break. If some of the momentum indicators start rolling over before the stock breaks down, that's a warning sign.
His videos talk about signs to spot a potential top.
It reports on Tuesday. Some feels that HOOD is linked closely to Bitcoin, which has taken a dive. Is not so dependable.