Josh Enomoto

2 days ago | moneymorning.com | Josh Enomoto

Traders seeking a quick score got exactly that from Coinbase (NASDAQ:COIN), which recently popped just under 24%. Thanks to its inclusion into the S&P 500, along with the stunning turnaround of the cryptocurrency market, Coinbase was enjoying its blue-sky moment. Still, it’s worth noting its broader demand profile. Historically, COIN stock suffers from a negative bias. Since its public market debut, the chance that at any given moment, a one-week long position will end up profitable is only 45.75%.

2 days ago | moneymorning.com | Josh Enomoto

With popular space economy participant Rocket Lab USA (NASDAQ:RKLB) encountering massive blood loss last Friday, there’s a temptation to bid up RKLB stock. It’s at this point that we hear the often-repeated mantra: be fearful when others are greedy and be greedy when others are fearful. It’s an aphorism that means everything and nothing at the same time. At the end of the day, the equities market represents an informational arbitrage.

2 days ago | moneymorning.com | Josh Enomoto

At the core, the equities sector represents informational arbitrage. On one hand, the bulls believe that certain assets or securities are undervalued and are willing to expend capital on this speculation. On the other hand, the bears believe the same tickers are overvalued and are quite happy to sell. Deciding which party is correct, though, is an extremely difficult exercise.

1 week ago | moneymorning.com | Josh Enomoto

As a rule of thumb, you get what you pay for in the market. Subsequently, most people should avoid getting involved with penny stocks. Often violently speculative, the price discovery process undergirding these challenged, often dilapidated enterprises can cause consternation to even the most battle-hardened gambler. Still, the rewards of catching the right name at the right time can be intense. For those who don’t mind living life on the edge, Repay Holdings (NASDAQ:RPAY) should be on your radar.

1 week ago | moneymorning.com | Josh Enomoto

Have you been paying attention to Opendoor Technologies (NASDAQ:OPEN) recently? Because what happened to OPEN stock — as in extreme bullishness from seemingly out of nowhere — could theoretically happen to SmartRent (NYSE:SMRT). You just have to know where to look. On April 29, I published an article on Money Morning entitled, “So Bad, It’s Good? How the Data Supports a Surprise Reversal in Opendoor (OPEN).” You can tell from this opening hook the kind of opportunity I was referring to.