Qualbomb's Bad Luck
Tim Knight | May 22, 2019 01:33PM ET
There’s no particular theme to latch onto this morning – we opened up weak and now we’re rallying – so I’ll just share three interesting charts.
First up is Qualcomm (NASDAQ:QCOM), which got hit with a court ruling.
Tesla (NASDAQ:TSLA), which I covered for a nice profit yesterday, still looks like a great short. However, I’d like it to fight its way back to the green tint before I go in again. This is one of many “not yet……” stocks.
Nordstrom (NYSE:JWN), which I thought was supposed to be bought-out or taken private years ago, has lost about half its value. As the chart indicates, it has come full circle from some earlier gains, and it’s down over 10% as I’m typing this.
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