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Blog posts of '2021' 'February'

Roaring Higher...

Q4 earnings thus far have been highly positive not just at home but on a global basis.  In the U.S alone, out of the 70% of companies that have already posted earning reports, 85% have beaten their expectations.  Not only is the high percentage of companies beating estimates outstanding but companie...

Game Stop...Just Game Over

Well, so much for sticking it to the man.  Last week, we mentioned the high speculation trade on GameStop (GME) and how it would soon turn out badly.  GameStop's stock price soared on the Reddit rebellion and soon found itself falling back down to earth this week.  As for the rest of the market and ...

Retail Riot

Wall Street was feeling the squeeze this week when traders at Wall Street Bets successfully organized a short-squeeze which has left many traders with paper-rich shares.  Now, with brokerage firms like Robinhood restricting trading in heavily shorted stocks (GameStop), it is now a question of not wh...