m22au's journal

Chinese EV stocks (eg. NIO XPEV LI) are up quite a bit this morning in the premarket. Not yet sure if there is any fundamental/news related reason for this. It appears that NIO XPEV LI went up gradually during the Hong Kong session earlier today.

NIO = 9866
XPEV = 9868
LI = 2015

https://finance.yahoo.com/quotes/9866.HK,9868.HK,2015.HK/view/v1

Some possible long-term shorts include

NIO RIVN XPEV VFS LCID PSNY NKLA HYLN GOEV NIU HYZN

https://finance.yahoo.com/quotes/nio,rivn,xpev,vfs,lcid,psny,nkla,hyln,goev,niu,hyzn/view/v1

m22au said:
Many EV stocks have continued to underperform the overall market since this post one month ago.

FSR is now FSRN
RIDEQ is now NRDE

Some possible long-term shorts include

VFS RIVN NIO XPEV LCID PSNY NKLA HYLN GOEV HYZN NIU WKHS

https://finance.yahoo.com/quotes/vfs,rivn,nio,xpev,lcid,psny,nkla,hyln,goev,hyzn,niu,wkhs/view/v1

Longer quote list including TSLA LI and also some smaller cap stocks:

https://finance.yahoo.com/quotes/ts...lcn,1211.hk,byddy,byddf,0175.hk,gelyf/view/v1
More...
 
In addition to the obvious GME and AMC, the following stocks seemed to have the strongest correlation this week as other 2nd tier / 3rd tier "meme stocks".

BB KOSS (both were part of the 2021 rally)

TUP SPWR SPCE
SAVE NOVA FCEL PLUG
HTZ BYND AMCX
BIG NVAX
MULN GOEV VFS
NEGG BYON FOSL
(and just about any retailer with significant short interest)

BYON bought the BBBY brand, so it has a loose connection to the 2021 era.

maybe RDDT because that's where you can find wallstreetbets
maybe DJT because it completed its merger with DWAC around the same time that RDDT went public
 
and FFIE

m22au said:
In addition to the obvious GME and AMC, the following stocks seemed to have the strongest correlation this week as other 2nd tier / 3rd tier "meme stocks".

BB KOSS (both were part of the 2021 rally)

TUP SPWR SPCE
SAVE NOVA FCEL PLUG
HTZ BYND AMCX
BIG NVAX
MULN GOEV VFS
NEGG BYON FOSL
(and just about any retailer with significant short interest)

BYON bought the BBBY brand, so it has a loose connection to the 2021 era.

maybe RDDT because that's where you can find wallstreetbets
maybe DJT because it completed its merger with DWAC around the same time that RDDT went public
More...
 
CorrelationPal said:
Do you calculate correlations using intraday prices or daily prices?
More...

None of the above with regards to 'calculations'.

When I said "In addition to the obvious GME and AMC, the following stocks seemed to have the strongest correlation", I was using the word "correlation" in a more liberal sense where it was stocks that I was noticing going up and down (intraday) at the same time as GME and AMC.
 
m22au said:
In addition to the obvious GME and AMC, the following stocks seemed to have the strongest correlation this week as other 2nd tier / 3rd tier "meme stocks".

BB KOSS (both were part of the 2021 rally)

TUP SPWR SPCE
SAVE NOVA FCEL PLUG
HTZ BYND AMCX
BIG NVAX
MULN GOEV VFS
NEGG BYON FOSL
(and just about any retailer with significant short interest)

BYON bought the BBBY brand, so it has a loose connection to the 2021 era.

maybe RDDT because that's where you can find wallstreetbets
maybe DJT because it completed its merger with DWAC around the same time that RDDT went public
More...

Here is a quote list for the above stocks + FFIE + BNED

https://finance.yahoo.com/quotes/gm...OEV,VFS,NEGG,BYON,FOSL,RDDT,DJT,DJTWW/view/v1

List:

gme,amc,BB,KOSS,SPWR,TUP,BYND,FFIE,BNED,SPCE,SAVE,NOVA,FCEL,PLUG,HTZ,AMCX,BIG,NVAX,MULN,GOEV,VFS,NEGG,BYON,FOSL,RDDT,DJT,DJTWW
 
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