Tuesday, December 7, 2021

Herky- jerky market, watching Ford and ... (update - CleanSpark is off my Stock radar)

 

Market Talk
 

This is a volatile market indeed.  Things change fast.   One week, the Fed is talking inflation, the next week Covid fear takes over, then the fear is lifted and what do we have?  A herky-jerky market with stocks whipsawing all over.  While the market has bullish days, there are concerning macro events that are starting to play out, namely Russia massing troops on the Ukraine front. 


Stock Talk

Here are two stocks of interest on my watch list.  I am not making any recommendations in this herky-jerky market.

Ford (F) F may be an accumulate or hold but I would not put the whole stake on it.  Currently, I favor a small position with a dollar cost average mindset for a possible long position. The following IBD report is a nice summary of Ford in the market.

 

 
CleanSpark, Inc (CLSK):  losing my trust with regards to possible at- the-market (ATM) share dilution and over the top compensation.  They have been transparent on bit coin mining, but transparency seems lacking on the ATM.  At a time when shareholders want to see more on transparency of share dilution, they put out a PR that highlights more spending.  It raises a flag called caution to me.

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ALL in my humble opinion, scroll down and read more..

This site does NOT make Buy / Sell recommendations.
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