Is the Reddit Army Trade Unstoppable?
With AMC up nearly 40% in pre market trade today investors are seeing yet another meme stock explode to the upside despite absence of any fundamental reason behind the move.
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With AMC up nearly 40% in pre market trade today investors are seeing yet another meme stock explode to the upside despite absence of any fundamental reason behind the move.
One of the best performing sectors in the equity market is the Philadelphia Semiconductor Index known as the SOXX. Typically the sector is very prone to boom and bust cycles as the surge in demand leads to overbuilding of foundries and flood of supply
In a fascinating Odd Lots podcast with Tracy Alloway and Joe Wiesenthal he takes the audience on a wild stream of consciousness ride that explains the most arcane details of the fractured modern electronic market structure and Virtu’s attempt to provide intermediation in every major marketplace in the world.
A leaked research report from Goldman Sachs suggests that going forward Ethereum may be a much better crypto bet for the long term. Ethereum is the number two most popular crypto asset in the space and it differs from Bitcoin in a variety of ways.
One of the biggest concerns on Wall Street these days is the fact that bonds are no longer providing diversification for stocks.
Bitcoin was down more than 8% in overnight trade hitting a low of 38,500 after Chinese regulators directed banks and financial payment firms not to offer clients any services involving cryptocurrency including currency exchanges, registration, trading, clearing and settlement.
In his new book, “Noise” Danny Kahneman talks about a consulting project he once performed for an insurance company. In insurance the field of underwriting (deciding how much premium to charge) is as much an art as it is a science.
ABNB has been a swan dive for months as the company which was once seen as the poster child for post pandemic recovery has lost the confidence of Wall Street and mom and pop investors.
Yesterday’s inflation data shocked the market with core CPI readings hitting a 26 year high as base effects, supply shortages and resurgence of demand created this biggest jump in price conditions in decades.
But while the public health emergency remains a terrible cost of stress to those societies and economies the region may soon see an unexpected boom in economic activity and investors are beginning to take notice.
There are, I think, two basic ways that most trades go sideways. The first is something that all of us do, pretty much daily – deviation from our setup.
In part one of our analysis of Chris Cole’s appearance on the Odd Lots podcast we took a look at the danger of the recency bias and the over reliance of investors on the 60/40 portfolio which has performed