General Motors(GM) stock was halted this morning due to a news development. The company warned that its earnings will be less than expected due to supply-chain impacts. Nevertheless, GM stock resumed trading as investors weighed a mix of good and not-so-good news. In what was undoubtedly a shock to some investors, trading was halted on General Motors$General Motors(GM)$ stock briefly this morning. This was due to the company’s disclosure of inventory-related issues. However, GM stock is trading again, and it appears that General Motors has the situation under control.Of all the stocks you might expect to have trading halted, this one probably wouldn’t be on top of the list. Yet, shares of General Motors were briefly un-tradable this morning. So, w

Shopify$Shopify(SHOP)$ stock looks like a bargain for growth investors who would have bought last year, but is it really cheaper?   Shopify has suffered such a massivefallover the past several months, now down over 62% from its all-time high just north of $2,000 per share. Year to date, Shopify stock finds itself off 48% in a brutal start to the year. Thanks in part to an underwhelming quarterly report (a rare miss in Q3) and what seems to be a “valuation reset” in those high-multiple tech stocks, it’s been the perfect storm of selling pressure to hit Tobi Lütke’s Canadian e-commerce firm. Indeed, the third quarter was pretty ugly, but with a modest bottom-line beat for Q4, could it be that the oversold stock is actually a bargain? I t

Software shares took their hardest hit since March 2020 as investors shunned the priciest corner of the U.S. technology group that’s particularly vulnerable to higher interest-rates and slower economic growth. Tech losses were huge on Thursday with the Nasdaq 100 Stock Index sinking more than 5%. But for software makers such CrowdStrike Holdings Inc$CrowdStrike Holdings, Inc.(CRWD)$ ., ZScaler Inc$Zscaler Inc.(ZS)$ . and DocuSign Inc$Docusign(DOCU)$ . it was brutal -- with each falling more than 10% at one point on Thursday. That was also the magnitude of the drop for a Goldman Sachs basket of expensive software stocks, in their worst day since the depths of the pandemic-in

$GameStop(GME)$ Why DRS Won’t Work: What “Apes” fail to recognize is that unless you DRS most of the float to the point where there are significantly less shares available to cover than are short, the plan won’t work very well, at least not as desired, even if you succeed at pumping the price high enough to force them to close. Problem with drs is, institutional holdings make up a large percentage of the float and they’ll never drs. Why? Because most of those holdings are “required” to be bought by institutions like $BlackRock(BLK)$ and Vanguard for their many index funds that track the indices that “must” include GME by weight. Approximately 90% of institutional holdings are just

TSLA stock powered higher on Tuesday, up over 9%. Tesla recaptured the $700 level to close at $711.11. Elon Musk still banging the drum about Twitter. Before you ask yes I am still short both Twitter$Twitter(TWTR)$ and Tesla$Tesla Motors(TSLA)$ . This is not a crusade or anti-Musk view, merely a view on high-growth names continuing to suffer in the still-developing bear market and a view that this TWTR deal is going to get harder and harder in the current climate. Tesla as ever provides plenty of copy and these past few sessions have been no different. The end result was a significant move higher after the long weekend. This was despite some negative news so is this

Market volatility is evident from the CBOE Volatility Index’s 56.6% year-to-date gains ahead of July’s Federal rate hike. According to Leon Cooperman, chairman of Omega Advisors, stocks couldfall 40% from their peak. And he expects the U.S. economy will likely witness a recession in 2023.Moreover, deteriorating consumer confidence and deceleration in consumer spending are concerning. Gold IRA Guide Survey recently discovered that70.5% of U.S. consumers believethe global economy will hit a recession in 2022.Given the backdrop, we think it could be wise to short, liquidate or avoid fundamentally weak stock Netflix$Netflix(NFLX)$ now.NFLX provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various

 SoFi Technologies, Inc.$SoFi Technologies Inc.(SOFI)$ (NASDAQ:SOFI) is very ebullient about its 2022 expectations. Last quarter, its slide deck forecasted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) will rise from $30 million in 2021 to $180 million in 2022. The only problem is the Federal Reserve (Fed) is now raising rates. That could put a damper on its outlook when it reports its first quarter (Q1) lending results on May 10. As a result, SOFI stock could become vulnerable. However, it is not as if this danger to SoFi’s lending and earnings outlook is not already reflected in SOFI stock. For example, it is near its lows for the year at $6.55 per share on Apr. 25, down 58.6% for the year. That sh