Following a pullback in the overall markets, some stocks are beginning to look inexpensive relative to their growth rates, Jim Cramer said Wednesday on CNBC's "Squawk On The Street."
Cryptocurrencies and high-flying growth stocks are among the most regularly played assets by traders and investors in 2021. And as of late, there have been a number of clear winners among the assets.
Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bearish stance on Upstart Holdings.
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
Lucid Group (LCID
SmileDirectClub (SDC)
Walt Disney (DIS)
ContextLogic (WISH)
Upstart (UPST)
Tesla (TSLA)
Alibaba (BABA)
SoFi
U.S. indices had a mixed day of trading Tuesday following Monday’s weakness. Major indices were trading lower again as investors weigh continued concerns over COVID-19, the Federal Reserve's upcoming two-day meeting and a sell-off in some Chinese equities.
Upstart Holdings Inc. (NASDAQ: UPST) shares are trading higher Tuesday, up 11.33% at $326.73 in afternoon trading.
Here's a technical analysis of the stock.