Author: pluginever

Introduction: Ferrari (RACE) is a well-known auto manufacturer that produces vehicles that are the pinnacle of the automobile industry. Having a legendary status and a fiercely loyal fan base, Tifosi. RACE relentlessly protects its brand image. Limiting the number of vehicles sold per year, who it sells its cars to, and even controlling where its…

I was thinking about exits and came across this small rhyme which described how one person traded when things didn't go their way. I know it's another version of cut your losers and let your winners run but the way it's said is both catchier and does include a psychological component that may be more…

Denim is having a moment with consumers, but it hasn’t led to a major sales boost at Levi Strauss. The jeans creator on Wednesday posted fiscal second-quarter revenue that fell just short of Wall Street’s expectations at a time when shoppers are stocking their wardrobes with denim dresses, skirts and ultra low-rise baggy pants. Levi’s…

Rivian Automotive (NASDAQ:RIVN) is holding an investor event on Thursday on the heels of the electric vehicle maker's huge announcement of a partnership with Volkswagen (OTCPK:VLKAF). The company published some investor slides ahead of the event that indicated it was reaffirming guidance of 57,000 units of production for 2024. For Q2, production of 9.1K to 9.3K…

Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory.  Shares rose as much as 3.6% Wednesday to $193.04, pushing the market value to more than $2 trillion. The company is now a member of an elite club…

Walgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a “challenging” environment for pharmacies and U.S. consumers. The retail pharmacy giant now expects fiscal 2024 adjusted earnings of $2.80 to $2.95 per share. That compares with the company’s previous outlook of between $3.20 and…

By Technical or fundamental analysis: which one is better for long-term investing? Myriad investors use one or the other technique on its own seemingly successfully, but using only one presents significant limitations.       Using a combination of both could be the ultimate winning strategy. Although the topic of technical analysis is controversial among a certain group…

Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned. The storefront, announced at an invite-only conference for Chinese sellers on Wednesday, would mark Amazon’s most aggressive attempt yet to fend off growing competition…

The pharmacy chain's stock has seen steady declines for nearly a decade. Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain on Thursday morning announced quarterly earnings that fell short of Wall Street expectations. Walgreens' stock dropped more than…

This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…