“Although retail buying was portrayed as the main driver of the extreme price rally experienced by some stocks, the actual picture may be much more nuanced,” JP Morgan global quantitative and derivatives strategy analyst Peng Cheng wrote this week, in a research note addressed to the bank’s clientele. The prevailing …
Read More »Going in for a kill: Redditors going after targets they perceive to have stolen their money in 2008, says Max Keiser
The Reddit crowd knows that the US Federal Reserve can only print money to keep the American economy Ponzi scheme going, says Max. “And that angry Reddit WallStreetBets crowd is going in for a kill.” He explains: “They know that more free money is coming. Just like the hedge funds …
Read More »Stocks for me but not for thee: Redditors playing the stock market is problematic but, if a Democrat does it, no big deal
People have been bidding money in the stock market for over a hundred years. There have been many stories about people substantially increasing their wealth by doing so. Despite some people’s issues with Wall Street and the culture surrounding it, there’s nothing illegal about getting involved in stock trading. In …
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