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July 28, 2020
It's strange times. Big question: What will the US Congress do with stimulus that's keeping the economy afloat? Will Republicans support working poor people? Many big tech names report on Thursday; it's like the Superbowl. These tech giants have reasonable valuations rooted in reality, so he has no problem with the price run-up of Amazon, Apple, Google, etc. However, Tesla and Shopify share prices are entirely speculative; maybe he'd buy Shopify at a third of the current price.
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It's strange times. Big question: What will the US Congress do with stimulus that's keeping the economy afloat? Will Republicans support working poor people? Many big tech names report on Thursday; it's like the Superbowl. These tech giants have reasonable valuations rooted in reality, so he has no problem with the price run-up of Amazon, Apple, Google, etc. However, Tesla and Shopify share prices are entirely speculative; maybe he'd buy Shopify at a third of the current price.
COMMENT
COMMENT
July 28, 2020
Stop losses You tell your broker to sell a stock when it falls to a certain price, useful for traders and speculators but not long-term investors. If you like a stock at $125, you should like it more at $110 and not sell it or even buy more. He never uses stop losses and doesn't recommend them to long-term investors.
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Stop losses You tell your broker to sell a stock when it falls to a certain price, useful for traders and speculators but not long-term investors. If you like a stock at $125, you should like it more at $110 and not sell it or even buy more. He never uses stop losses and doesn't recommend them to long-term investors.
COMMENT
COMMENT
July 28, 2020
Hello, I am Michael O'Reilly-- Stockchase Research editor. Today we begin reporting "Stockchase Research Top Picks" and will do so every Tuesday and Thursday. These picks focus on newly released institutional analyst opinions and targets along with our own additional insights. Today's Top Picks focus on the trends in gold, cloud services and 5G, along with home improvement. Enjoy!
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Hello, I am Michael O'Reilly-- Stockchase Research editor. Today we begin reporting "Stockchase Research Top Picks" and will do so every Tuesday and Thursday. These picks focus on newly released institutional analyst opinions and targets along with our own additional insights. Today's Top Picks focus on the trends in gold, cloud services and 5G, along with home improvement. Enjoy!