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Meme Stocks Soar in Late Day Trading Surge, Short Sellers Knocked

August 25, 2021 Alyssa Comments Off

Reuters.com: Shares of several retail trading darlings, including AMC Entertainment (AMC.N) and GameStop (GME.N), surged in heavy volume late on Tuesday, on no apparent news, dealing over $1 billion in losses to short sellers. While broad market indexes […]

Robinhood Drama, Deere, Foot Locker Sales: 3 Things to Watch

August 19, 2021 RickMad Comments Off

Investing.com: Stocks were mixed on Thursday heading into the final minutes of trading as investors weighed the timing of the Federal Reserve’s eventual tapering of its massive bond buying program. Minutes of the July Fed […]

Retail Investors Continue to Jump Into the Stock Market After GameStop Mania

March 12, 2021 RickMad Comments Off

CNBC: Millennial-favored stock trading app Robinhood saw app downloads top 2.1 million in February, a 55% increase from a year ago, according to SimilarWeb. While that was down from January’s banner month, where Robinhood saw […]

Robinhood Lifts Trading Restrictions On All Stocks, Including GameStop

February 5, 2021 RickMad Comments Off

FoxBusiness: Trading restrictions on a few other stocks had been lifted on Wednesday Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to […]

Debt Ceiling

Trillion-Dollar Platinum Coin Could Be Minted At The Last Minute

Axios.com: A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios. Advertisements [...]
Bitcoin

Estimated Number of Crypto Users Reaches 221M, Spurred by Altcoins

CryptoNews.com: The estimated global crypto population doubled in four months, and it reached 221m as of June, according to calculations by major crypto platform Crypto.com. Advertisements Advertisements As of July [...]
Stock Market

Dow Jones Rallies As Oil Spikes Above $82; Apple Drops

Investors.com: The Dow Jones Industrial Average rallied 25 points early Monday, as oil prices briefly spiked above $82. Apple stock and Tesla traded mixed in morning trade. Advertisements Advertisements Among [...]
Economy

Recession Watch: Red Flags Everywhere You Look

DollarCollapse.com: The hardest part of writing this kind of post is sorting through all the red flags. There are just too many these days. So here are the handful that [...]
Economy

Millions in U.S. Lose Jobless Benefits as Federal Aid Expires, Thrusting Families and Economy Onto Uncertain Path

Washingtonpost.com: More than 7 million out-of-work people across the United States are set to lose all of their jobless benefits this weekas three federal programs expire on Monday, in what [...]
Inflation

Peter Schiff: The Government Is Lying About Inflation

SchiffGold.com: The CPI has cooled in recent months, but Americans say they’re still struggling with rising prices and they’re worried about inflation. Why is there this dichotomy between people’s perceptions and the [...]