Short Ideas Archives - Page 630 of 785

2 minute read

Investment Strategist Says Last Year’s ‘Trash’ Is Not This Year’s ‘Treasure’: Why High-Growth Tech Stocks Are ‘Dead Money’

January 23, 4:56 PM

A lot of people like to buy beaten-down stocks and dream the once high-flying names will moon again. That's usually not a good strategy and it's likely the wrong approach for 2023. Why? A lot of the stocks that crashed last year did so for good reason.

CVNA

2 minute read

Bull Trap Or Bear Trap? The SPY Flashes Mixed Signals, Busting Through This Popular Trendline

By Melanie Schaffer

January 23, 4:44 PM

The SPDR S&P 500 (NYSE: SPY) gapped up above the 200-day simple moving average on Monday when the market opened.

SPY

2 minute read

Ethereum Classic Continues Consolidation Under Bellwether Indicator: What to Watch

By Melanie Schaffer

January 23, 3:45 PM

Ethereum Classic (CRYPTO: ETC) was trading mostly flat during Monday’s 24-hour trading period, continuing to consolidate sideways between about $20 and $23.

$ETC

2 minute read

Spotify Stock Gaps Up Above This Key Indicator: What’s Going On?

By Melanie Schaffer

January 23, 2:45 PM

News that Spotify Technology S.A. (NYSE: SPOT) will reduce its workforce by 6% gave institutions a reason to gap up about 4.5% on Monday to regain the 200-day simple moving average (SMA) as s

SPOT