The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea

The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea

#Aid/Relief/Stimulus, #idea, #Biden $DIA $SPY $QQQ $RUTX, $VXX, $GME “The SEC said Friday that it is evaluating the extreme price volatility of certain stocks’ trading prices warning that such volatility can expose investors to rapid and severe losses and undermine market confidence“–Paul Ebeling Friday, the S&P 500 tested to it 50-D MA, as it fell […]

The Reddit Rebellion

The Reddit Rebellion

The buying frenzy of heavily shorted stocks – among them GameStop, Nokia, BlackBerry and AMC what some have dubbed the ‘Reddit Rebellion,’ has already forced major funds to spend in excess of $70 billion to cover their shorted stocks, $20 billion on GameStop alone as of Friday inflicting massive losses on Wall Street hedge funds […]

The Robinhood Fix Continues

The Robinhood Fix Continues

Robinhood prohibited its users this week from buying stocks in a number of companies, including GameStop, Nokia, and BlackBerry, after they had been invested in by a group of amateur traders, resulting in billions of dollars worth of losses for Wall Street hedge fund short-sellers. Several members of Congress, including Sen. Ted Cruz (R-TX), Rep. […]