OK, this you are going to LOVE. We just introduced Tiles yesterday, and we’ve already made two huge improvements.
The first one is that the watch list tile is much more manageable, especially if you have long watch lists like I do. You’ll see what I mean when you try it.
The bigger news is that, as you’ve probably guessed, we have a comments tile now!
I’ve just thumbed through the 50 charts in my Bear Pen, and I wanted to offer you the ten I believed were most promising short setups. Click on any chart for a large version (as well as to see the company name and ticker symbol in the upper left corner of the chart).
Remember when Theranos was in its final death-throes, and out of the blue, a company named Fortress Capital threw them a $100 million lifeline? That drove me nuts, because what was supposed to happen (Theranos blowing up) got stopped. But it didn’t last. Fortress lost their empty-headed investment and Theranos resumed its self-destruction.
I felt the same way we I heard that WeWork was going public (!!!!!!!!!) by way of a SPAC company whose symbol is BOWX. It’s nice to see this morning a big red bar, and I strongly suspect before this year is over we’ll see plenty more. The fact that these two shameless grifters got crazy-rich off this little enterprise boggles the mind.
Good morning, Slopers and Slopettes. Ever since the election, the direction of the market requires a human of at least two years of age to discern. In my mind, I have an image of a bicycle tire being endlessly inflated with neither remorse not consequence:
