NIO Limited stock trades under the ticker NIO & has recently displayed technical traits worth taking a closer look at for a short-to-medium-term tade opportunity.
After a gap up on 10/14/2020 they have had an unstable performance, where the $28.48-$29.40 level is the resistance.
NIO stock has options available to traders, and I would be looking at the $28 puts for 10/30.
NIO Stock Price: $28.44
10 Day Moving-Average: $26.87
50 Day Moving-Average: $20.35
200 Day Moving-Average: $9.54
RSI: 63
For NIO calls, the Delta of the $27 options is 0.76, while the $28’s is 0.59.
In pre-market trading they’re down 2.5% to $27.76 (at the time of writing this), making the $27 calls worth looking into for the near-term expiration date (10/30).
Looking out further, the puts will likely outperform in the following week to two weeks, given the expected volatility & unrest from the election.
Bed, Bath & Beyond Inc. stock trades under the ticker BBBY & has recently displayed solid technical strength & is worth taking a look at for a short-term trade opportunity.
BBBY stock closed at $24.73 on 10/26/2020, coming off of two strong gap up days in October (10/1 & 10/14).
BBBY has options, so I may think to look at their $24.50 calls & puts (11/20/2020 expiration).
Buying the call that is slightly already in-the-money has a Delta of 0.56, with the put being a 0.44; both options will decay at a similar rate with thetas of -0.04.
Their vega is 0.026, which is helpful given that we are about to see a rise in volatility, so a trader can profit off of the calls faster, and as the market gets to be a little shakier cash out of them & sell a call that is just out0of-the-money, while keeping the put position to profit from during the turbulence.
BBBY Stock Price: $24.73
10 Day Moving-Average: $24.23
50 Day Moving-Average: $16.07
200 Day Moving-Average: $10.93
RSI: 82
Looking at BBBY’s stock chart, it appears as if they are beginning to lose some steam, hence the already in-the-money calls look more appealing to buy & sell for the quick profit, before selling an out-of-the-money call that will likely have a difficult time ever becoming worth anything.
Overall, there seems to be a lot of good opportunities for a short-term trader to capitalize on with BBBY stock & its options.
Educational Development Corp. stock trades under the ticker EDUC, and offers many interesting advantages that long-term investors may be interested in.
EDUC stock closed for trading at $18.19 on Friday 10/23/2020 (publishing this a day later than usual as I am on vacation), and gained an additional 1.21% today (8/26/20).
Breaking Down Educational Development Corp EDUC Stock’s Fundamentals
Investors may be interested in EDUC stock as it sports a P/E (ttm) of 16.1, combined with a Dividend Yield of 2.2% & A Payout Ratio of 11.8%.
In addition to that, their Debt/Equity (ttm) is 54.37, which is much lower than most of its peers & our Technical Rating for EDUC is 308.92, which is also very bullish compared to other stocks.
EDUC is a Micro-Cap stock, with a Market Cap of $151.98M, which contributes to its 19.2% % Institutional Ownership.
Their Total Cash (mrq) is $22.64M, which is especially impressive when you look at their Total Debt (mrq) of just $11.3M.
EDUC stock’s P/B is 4.35 & their Beta is a little hotter than most stocks at 1.73, which is to be expected from smaller stocks, especially in turbulent times such as 2020.
Educational Development Corp. EDUC Stock’s Technical Performance Has Been Strong
Educational Development Corp.’s stock has had a solid year for 2020, after 40 years of impressive growth.
While their price from Friday’s close was even with their 10 Day Moving-Average, their continued growth shows signs of being able to keep gaining, with the potential for some new attractive entry points in the event of anticipated election-time volatility.
EDUC Stock Price (10/23/2020): $18.19
10 Day Moving-Average: $18.19
50 Day Moving-Average:$15.99
200 Day Moving-Average: $9.45
RSI: 58
EDUC’s stock also has a strong Technical Rating of 308.92.
For comparison sake, the average Consumer Discretionary Sector average rating is 83.01, and the Distributor Industry’s score is even worse at 59.28, so they offer strength compared to their direct peers.
Educational Development Corp. EDUC Stock’s Fundamentals Vs. The Consumer Discretionary Sector’s Averages
EDUC’s stock offers many fundamental advantages over its peers in the Consumer Discretionary sector.
EDUC’s P/E (ttm) is 68.6% better than average, and their P/B is 33.4% better than the average of their sector peers.
Their Debt/Equity (ttm) is most impressive, being ~75% better than average & their Payout Ratio is 82% better than average.
EDUC’s Technical Rating is also 272% higher than their average sector peer, showing their past year to be quite strong.
EDUC’s Dividend Yield is 10% lower than average, but more stable given their Payout Ratio.
While their Market Cap is 98% lower than average, their Total Cash (mrq) is only 68% less than average.
EDUC’s higher than average Beta (+12.3%) & Micro Cap status are likely the largest contributors to their 67.6% lower than average % Insitutional Ownership, which shouldn’t deter an average investor.
Educational Development Corp. EDUC Stock Fundamentals Vs. The Distributors Industry Averages
Educational Development Corp.’s stock also outperforms their average peer in the Distributors Industry as well.
EDUC stock’s P/E (ttm) is 30% better than average, and their P/B is 50% better than the industry average.
Their Payout Ratio is 51% better than average, and their Debt/Equity (ttm) is 36% better than their average peer.
On a Technical Rating basis, they outperform the industry average by 421%!
Of course, their Market Cap is 96% less than average, and their Total Cash is 85% over par; leading to their ~70% less than average % Institutional Ownership.
Educational Development Corp. EDUC Stock Performance Vs. The S&P 500 & NASDAQ Indices
Since their first day of trading 40+ years ago on 3/18/1980, EDUC stock has grown by 7,176%.
When you factor in the Dividends that would have been collected over that time, they’ve grown ~9,292%!
For comparison, the S&P 500 has only grown 3,163.8% in that time period (excluding dividends).
They have also outperformed the NASDAQ Index in that same time period, as the NASDAQ has grown 8,087.3% (excluding dividends).
With this lifetime growth in mind, EDUC stock looks like a very attractive long-term investment opportunity.
Tying It All Together
EDUC stock offers many attractive points for long-term investors.
Their value is much better than that of many of their peers, and their debt:cash management is responsible, which is going to be important moving forward.
Their dividend yield may not be as high as most of the stock I post about, but their financial responsibility shows that they are in solid shape for the future.
It is definitely worth taking a closer look at EDUC stock for a long-term investment opportunity!
Marin Software Incorporated stock trades under the ticker MRIN & has recently shown a good deal of technical strength.
MRIN stock closed for trading on 10/23/2020 at $3.45/share, after gapping up a couple of days prior.
There are no options for MRIN stock, so the fact that they’re down 9.6% in pre-market trading (as of 9am on 10/26), paving the way for a potential attractive entry point.
As a member of the NASDAQ, a hedge agains them would be something like an SQQQ, an inverse NASDAQ ETN.
MRIN Stock Price: $3.45
10 Day Moving-Average: $1.85
50 Day Moving-Average: $1.43
200 Day Moving-Average: $1.42
RSI: 68
As the 50 Day Moving-Average just crossed the 200 Day & will continue to climb, there should still be some steam in MRIN from a short-term trade perspective, making it worth taking a closer look at for traders.
UBOT is an ETF that tracks the performance of stocks that are in the artificial intelligence & automation space, that is 3x leveraged.
UBOT is focused in areas that may be less impacted than other market segments in the event of another COVID-related shutdown, which is why it may be a good idea to add it to your watchlist.
UBOT has no options to use an a hedge, so using an inverse NASDAQ ETF may be your best bet.
UBOT Share Price: $188.00
10 Day Moving-Average: $190.81
50 Day Moving-Average: $$167.19
200 Day Moving-Average: $118.33
RSI: 61
UBOT’s share price has dipped under the 10 Day Moving-Average, which is not a great sign in the near-term, so I would be more focused on keeping an eye on their performance before finding an entry.
I would focus on their RSI & seeing if there is more pain to come in the share price, or if it is able to break free of the 10 Day Moving-Average, and re-test the $195-196ish level successfully.
UBOT is something I will be looking at for an entry, but not acting on until I see a little more convincing evidence that they are on sturdy footing.
With that said, that doesn’t mean that there aren’t short-term entry opportunities for traders to capitalize on in the meantime.
Ever-Glory International Group, Inc. stock trades under the ticker EVK & has recently shown technical strength worth taking a closer look at.
EVK stock closed for trading on 10/22/2020 at $2.60/share, and is up an additional 20% in pre-market trading.
EVK stock does not have options, so for an effective hedge, traders should consider buying long shares or options in an inverse NASDAQ ETF or an inverse retail ETF such as ONLN, EMTY or CLIX, as EVK focuses on retail supply chains (particularly for fashion).
EVK Stock Price: $2.60
10 Day Moving-Average: $1.05
50 Day Moving-Average: $0.99
200 Day Moving-Average: $1.09
RSI: 60
With an RSI of 60, there appears to be more room to run, as EVK is not signaling to be over-bought, and supply chain companies will always be needed, even if there is another COVID-related shutdown.
Ever-Glory International Group, Inc.’s 10 Day Moving-Average just crossed its 50 Day Moving-Average, and is poised to blow through the 200 Day Moving-Average, showing more signs of strength lie ahead.
Based on all the above, there seems to be more opportunity for traders to capitalize on further growth in EVK’s stock for a short-term trade.
I am looking to get into EVK today, but not anticipating holding it very long.
Dragon Victory International LTD. stock trades under the ticker LYL & has recently displayed strong technical performance.
LYL stock closed for trading at $3.2499/share on 10/21/2020.
For the last week they have been trending heavily upwards, with a bit of a pullback yesterday (-8%), and they may go down a bit more today as NASDAQ futures are pointing to a down day (-0.42% as of my writing this at 6:15 am).
LYL does not have options, so a hedge may be an inverse micro-cap ETF, such as RWM, TWM, or TZA (through common shares, or call options, as depending on the Greeks there may be a better deal).
LYL Stock Price: $3.24
10 Day Moving-Average: $1.38
50 Day Moving-Average: $1.15
200 Day Moving-Average: $1.14
RSI: 81
Overall, LYL looks to have some strength still that can be capitalized on, as long as traders are cognizant of the hedge opportunities that are available to them.
Otherwise, I would be eyeing their charts to find the best entry point for a short-term LYL stock trade.
Northwest Biotherapeutics, Inc. stock trades under the ticker NWBO, and has recently shown technical strength making it worth taking a closer look at.
NWBO closed for trading at $2.30 (+12.75%) yesterday, 10/20/2020.
NWBO stock does not have options, so the only way to trade it is through the common shares, so the best way of finding a hedge opportunity might be through something like BIS, which is the inverse NASDAQ BioTech ETF (note that NWBO is an OTC stock, not a member of the NASDAQ).
NWBO Stock Price: $2.30
10 Day Moving-Average: $1.14
50 Day Moving-Average: $0.683
200 Day Moving-Average: $0.354
RSI: 86
Their RSI currently signals over-bought conditions, which should even out as they establish more of a new range, after multiple gap-up days in October.
Their 1.46 Beta shows that there may be some more volatility to NWBO’s stock than the general markets, signaling that with the proper timing there should still be some opportunities for profits from Northwest Biotherapeutics, Inc.’s stock.
Kaixin Auto Holdings stock trades under the ticker KXIN & has recently shown great technical strength.
KXIN stock closed for trading at $8.15/share on 10/19/20 (+~294%).
In pre-market trading (6:30 am ET) they have dropped down to $6.55 (-~20%), making it worth eyeing them for a potential entry point for a short-term trade.
KXIN Stock Price: $8.15
10 Day Moving-Average: $2.07
50 Day Moving-Average: $0.91
200 Day Moving-Average: $0.72
RSI: 74
While their pre-market price is reflecting somewhat of a shakeout of yesterday’s steep climb, there may be an entry today or tomorrow that can lead to profitable trades once the dust settles.
KXIN stock does not have options, so trading the ordinary shares are the only way to go about this, making the timing of your entry more important, but with futures currently set higher (NASDAQ Futures are +0.64% as I write this), Kaixin Auto Holdings stock may catch the rest of the index’s momentum & continue to climb.
