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Short Sellers Falling In and Out of Love With Electric Vehicle Makers
Short interest moves among automakers’ stocks were evenly split during the two-week reporting period that ended on October 15. Of the companies we watch, short interest increased on three of six...
View ArticleEV Maker Kandi Hits a Couple of Nasty Potholes as Sector Stumbles
While some electric vehicle (EV) makers are seeing share prices run higher nearly every day, others are getting clobbered. For example, China-based Kandi Technologies Group Inc. (NASDAQ: KNDI) tumbled...
View ArticleShort Sellers Mixed on Electric Vehicle Stocks
Short interest moves among automakers’ stocks were split during the two-week reporting period that ended on October 30. Of the companies we watch, short interest increased on three of six electric...
View ArticleShort Sellers Like Electric Vehicle Stocks as Share Prices Soar
Short interest moves among automaker stocks were mostly higher during the two-week reporting period that ended on November 13. Of the companies we watch, short interest increased on two of six electric...
View ArticleTesla’s Secondary Offering Lifts All Boats — Except Tesla’s
Tesla Inc. (NASDAQ: TSLA) filed a prospectus Tuesday morning with the U.S. Securities and Exchange Commission (SEC) for a $5 billion secondary stock offering. The offering is an equity distribution...
View ArticleElectric Vehicle Stocks See Mixed Short Seller Action
Short interest moves among automakers’ stocks were evenly mixed during the two-week reporting period that ended on November 30. Of the companies we watch, short interest decreased on three of six...
View ArticleElectric Vehicle Stocks Continue Soaring
If the market for electric vehicles (EVs) was as hot as the market for stocks of EV makers, we’d all be driving past abandoned gas stations with a friendly wave at a distant past. For now, however, we...
View ArticleShort Sellers Jump on Electric Vehicle Stocks
Short interest moves among automakers’ stocks were mixed during the two-week reporting period that ended on December 31. Of the companies we watch, short interest increased on five of six electric...
View ArticleShort Sellers Pump the Brakes on Tesla, Hit the Gas on Ford, GM
Short interest moves among automakers’ stocks were mostly lower during the two-week reporting period that ended on January 15. Of the companies we watch, short interest decreased on four of six...
View ArticleShort Sellers Mostly Retreat on Tesla, Other EV Makers
Short interest moves among automakers’ stocks were mostly lower during the two-week reporting period that ended on January 29. Of the companies we watch, short interest decreased on four of six...
View ArticleWorkhorse Stock Plunges 55% Following USPS Contract Loss
Shares of electric vehicle maker (EV) Workhorse Group Inc. (NASDAQ: WKHS) dropped nearly 50% on Tuesday and traded down by another 9% in Wednesday’s premarket session following an announcement by the...
View ArticleShort Sellers Still Pulling Back From Tesla, Most Other EV Makers
Short interest moves among automaker stocks were mostly lower during the two-week reporting period that ended on February 12. Of the companies we watch, short interest decreased on five of six electric...
View ArticleEarnings Previews: Berkshire Hathaway, Workhorse, Stratasys
All three major indexes traded down late Thursday morning, with the tech-heavy Nasdaq down the most with a dip of 1%. Again, the tech sector weighed on all the indexes. NetApp and two chipmakers,...
View ArticleXpeng Earnings Preview, Plus a Look at EV Stocks
A very light schedule of companies reporting earnings is about all that remains until the March quarter ends and we begin to see more earnings results beginning around the second week of April. Looking...
View ArticlePossible Congressional Inquiry Sends Workhorse Stock Soaring
Electric van maker Workhorse Group Inc. (NASDAQ: WKHS) stock plunged more than 50% late last month when a potential $6 billion contract to supply new delivery vans for the U.S. Postal Service was...
View ArticleShort Sellers Still Pulling Back From Tesla, Traditional Automakers
Short interest moves among automakers’ stocks were mostly lower during the two-week reporting period that ended on February 26. Of the companies we watch, short interest decreased on three of six...
View ArticleShort Sellers Raise Bets Against Tesla, Other EV Makers
Short interest moves among automakers’ stocks were mostly lower during the two-week reporting period that ended on March 15. Of the companies we watch, short interest increased on five of six electric...
View ArticleShort Sellers Bet Big Against Tesla, Other EV Makers
Short interest moves among automaker stocks were mostly higher during the two-week reporting period that ended on March 31. Of the companies we watch, short interest increased on all six electric...
View ArticleFriday’s Top Analyst Upgrades and Downgrades: BP, Comcast, Coinbase, Cisco,...
The futures were trading barely positive on Friday morning as the first week of earnings season was coming to a close. Major banks kicked off the first-quarter earnings blitz with stellar results...
View ArticleTop Analysts Light Up Alt Energy Stocks
From mid-summer of last year until late January and early February of this year, alternative energy stocks were among investors’ and analysts’ hottest picks. Over the past 12 months, many of these...
View ArticleShort Sellers Raise Bets Against Nikola, Tesla, Other EV Stocks
Short interest moves among automakers’ stocks were mostly higher during the two-week reporting period that ended on April 15. Of the companies we watch, short interest increased on five of six electric...
View ArticleEarnings Previews: BioNTech, Coty, Duke Energy, Workhorse
As usual, even in a week when 1,500 U.S.-listed companies are reporting quarterly results, Friday afternoon hits the pause button. However, next Monday picks up right where this week left off with...
View ArticleShort Sellers Make Mixed Bets on EV Stocks, Pull Back on Tesla, GM and Ford
Short interest moves among automakers’ stocks were mixed during the two-week reporting period that ended on April 30. Of the companies we watch, short interest increased on three of six electric...
View ArticleCathie Wood’s ARK Invest Sells Over 1.5 Million Shares of Workhorse
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1.5 million shares of Workhorse Group Inc. (NASDAQ: WKHS) on Tuesday, as the share price of this fund traded up about 2% in...
View ArticleShort Sellers Pile On a Couple of EV Stocks and GM
Short interest moves among automaker stocks were mixed during the two-week reporting period that ended on May 14. Of the companies we watch, short interest increased on three of six electric vehicle...
View ArticleFriday’s Hottest Meme Stocks: Clean Energy Fuel, ContextLogic, Workhorse
In the noon hour Friday, retail investors appeared to be focused on driving up the price on just a handful of meme stocks. One of those stocks has been publicly traded for two decades and was founded...
View ArticleMidday Meme Stock Report for 6/23: Torchlight Energy, Clover Health,...
Early in Wednesday’s trading session, gainers among a set of meme stocks outnumbered losers by about three to one. The early leaders were not equities, but cryptocurrencies. Bitcoin and Dogecoin were...
View ArticleShort Sellers Pulling Out of EV Stocks as Share Prices React to Meme Buying
Short interest moves among automakers’ stocks were mostly down during the two-week reporting period that ended on June 15. Of the companies we watch, short interest decreased on six of seven electric...
View ArticleMeme Stocks Get Off to a Strong Start As Nasdaq Hits New Highs
The broad markets saw a somewhat mixed start to the week with the Dow Jones Industrial Average lagging both the S&P 500 and Nasdaq. With the start of a new week comes a new all-time high in the...
View ArticleMidday Meme Stock Report for 6/28: Torchlight/Meta Minerals, Workhorse, AMC,...
The reverse merger between Torchlight Energy and Metamaterials was completed at one minute past midnight on Monday morning and the surviving company, Meta Minerals Inc. (NASDAQ: MMAT) began trading at...
View ArticleMidday Meme Stock Report for 7/1: Cellect Biotech, ContextLogic, Workhorse,...
As of noon on Thursday, the three major U.S. stock indexes were either slightly above or slightly below the break-even line. Trading volume was also muted somewhat, as the holiday weekend likely...
View ArticleMidday Meme Stock Report for 7/2: AMC, Clover Health, Virgin Galactic, Workhorse
Heading into the July 4th holiday weekend, market action was predictably subdued, even though the S&P 500 reached a record high early Friday morning. The monthly employment situation report was not...
View ArticleMidday Meme Stock Report for 7/7: Meta Materials, AMC, Workhorse, Newegg
Stocks were volatile Wednesday morning, trading down about 1% and then breaking through to trade modestly higher. The big mover has been Newegg Commerce Inc. (NASDAQ: NEGG), which had traded up more...
View ArticleShort Sellers Remain Wary of EV Stocks
Short interest moves among automakers’ stocks were mostly downward during the two-week reporting period that ended on June 30. Of the companies we watch, short interest decreased on five of seven...
View ArticleMidday Meme Stock Report for 7/26: AMC, Lucid, Newegg, Workhorse
Bitcoin is threatening the $40,000 level again Monday on speculation that Amazon is exploring the possibility of accepting bitcoin and, perhaps, other cryptocurrencies for payment on its e-commerce...
View ArticleWednesday Afternoon Analyst Upgrades and Downgrades: BioNTech, United...
With the trading day almost halfway over, the S&P 500 and Dow Jones industrial average hit even more record highs in Wednesday’s session. While these indexes were pushing higher, the Nasdaq was...
View ArticleMeme Stock Bulls vs Short Sellers: Who’s Winning in 2021?
Since the huge run-up in share prices for some stocks last January, a meme stock has been defined, more or less, by three characteristics: high short interest, daily trading volume and buzz. Sometimes...
View ArticleMidday Meme Stock Report for 9/2: Meta Materials, Vinco Ventures, Virgin...
In the noon hour Thursday, the major indexes traded higher by about a third to a half of a percentage point. Trading volume was lower than average, with advancers getting more action the decliners more...
View ArticleMidday Meme Stock Report for 9/15: Greenidge, IronNet, Meta Materials, Workhorse
The company formerly known as Support.com got a new name and new ticker symbol between Tuesday’s closing bell and Wednesday’s open. Greenidge Generation Holdings Inc. (NASDAQ: GREE) opened for trading...
View ArticleMidday Meme Stock Report for 9/22: Aterian, SoFi, TMC, Workhorse
The major market indexes traded up 1% or more in the noon hour Wednesday, ahead of Federal Reserve Chair Jerome Powell’s remarks and the results of the FOMC’s comments on interest rates. A rate hike is...
View ArticleMidday Meme Stock Report for 10/6: Camber Energy, Palantir, Vinco Ventures,...
At noon on Wednesday, the markets were trying to dig their way out of a hole that deepened earlier in the morning. All three major indexes traded in the red, with the Nasdaq Composite showing the...
View ArticleMeme Stock Movers for 11/3: AMC, Bed Bath & Beyond, GameStop, Workhorse
Nearly 20 years after Glassman and Hassett predicted that the Dow Jones industrial average would rise to 36,000, their prediction came true on Monday and was certified on Tuesday, when the index closed...
View ArticleMidday Meme Stock Report for 11/3: Bed Bath & Beyond, GameStop, Skillz,...
Not much longer to wait until the Federal Reserve announces the results of its two-day meeting. What analysts and investors expect to hear is that the Fed is going to ease up on bond buying and hold...
View ArticleMidday Meme Stock Report for 11/5: Airbnb, Bakkt, Lucid, Workhorse
The broad market traded higher at noon on Friday, with all three major indexes showing good gains for the day. Volume was higher than average, advancers outnumbered decliners and new highs outpaced new...
View ArticleEarnings Previews: BioNTech, Palantir, Workhorse
Nearly 500 companies are reporting quarterly earnings this week. The one in our watch list for Monday morning, Coty, beat estimates on both the top and bottom lines. We already have previewed four...
View ArticleHow Rivian’s IPO Drove EV Stocks Higher Thursday
The engines used in electric vehicles (EVs) typically include 20 or so moving parts. An internal combustion engine has nearly 2,000. Shortly before noon Thursday, shares of 15 EV makers were all moving...
View ArticleMidday Meme Stock Report for 11/17: Camber Energy, Cassava Sciences, Rivian,...
All three major U.S. stock indexes traded lower at noon Wednesday. One reason for the dip could be a letter from President Biden to FTC Chair Lina Khan, asking Khan to “consider whether illegal...
View ArticleThursday’s Top Analyst Upgrades and Downgrades: Abbott Labs, Hewlett Packard...
The futures were higher Thursday, after investors were finally treated to what many across Wall Street felt was an “oversold rally.” All the major indexes ended higher, with both the Russell 2000 and...
View ArticleFriday’s Top Analyst Upgrades and Downgrades: Chevron, Citigroup, Costco,...
The futures were down across the board, as we get set to finish one of the wildest trading weeks in recent memory. It was topped off by strong nonfarm payroll numbers for February, which came in way...
View ArticleEarnings Previews: Bitfarms, Workhorse
In morning trading on Thursday, the Dow Jones industrials were down 1.14%, the S&P 500 down 0.64% and the Nasdaq 0.19% lower. After U.S. markets closed on Wednesday, Disney missed the consensus...
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