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The SEC is Hunting Down Possible Misinformation on Social Media Posts For Signs of Fraud in Reddit-Driven Trading Frenzy

February 4, 2021 RickMad Comments Off

BusinessInsider: The SEC is scanning social media posts for signs of potential fraud in volatile trading, Bloomberg said. The regulator will hunt for misinformation intended to directly manipulate the market. Users of the Wall Street […]

WallStreetBets Founder On GameStop Stock Surge: The Little Guys ‘Can’t Be Ignored Anymore’

February 2, 2021 RickMad Comments Off

FoxBusiness: Jaime Rogozinski, who created Reddit’s WallStreetBets, discussed on “Mornings with Maria” on Tuesday how the forum morphed into a force so powerful, it sent GameStop shares surging and rattled Wall Street. “The little guys can’t be ignored anymore,” Rogozinski told […]

Reddit Day Traders Look to Silver as the Next Short-Squeeze After Being Restricted From Hot Stocks

February 2, 2021 RickMad Comments Off

BusinessInsider: Silver has become a new target for Reddit day traders after multiple posts on the infamous WallStreetBets. One post on the now-famous subreddit called the silver market “one of the most manipulated on Earth.” […]

Investing

Top Analyst Upgrades and Downgrades: Adobe, AMD, Corning, Domino’s, Lennar, Lululemon, Oracle, Peloton, SunPower, Tesla, Wells Fargo and More

MSN Money: Stocks may have hit all-time highs again after the massive recovery since March, but the volatility has picked up in September, with the S&P 500 and Nasdaq darlings [...]
Economy

Pain at the Pump: Biden Admits ‘I Don’t Have a Near-Term Answer’ for High Gas Prices

NYPost.com: President Biden admitted during a CNN town hall Thursday night that he has no immediate solution to the problem of spiking gas prices and suggested that Americans would not start seeing [...]
Gold

Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts

Bloomberg.com: To fathom the magnitude of Venezuela’s financial collapse, travel southeast from Caracas, past the oil fields and over the Orinoco River, and head deep into the savanna that blankets one [...]
Housing Market

House Hunting: Is This Price Right?

NYTimes.com: Kim Rohrer was looking forward to leaving the leaky windows in the two-bedroom Berkeley rental duplex that she shared with her husband and two small children. Advertisements Advertisements The [...]
Bitcoin

Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises

Bitcoin.com: Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really [...]
Housing Market

Agricultural Real Estate Values Jump 7%, Largest Increase Since 2012

FB.org: The Land Values 2021 Summary report, released last Friday by USDA’s National Agricultural Statistics Service, shows agricultural land values increasing at a rate not seen in nearly a decade. This [...]