Irrational Exuberance There’s no question markets have been volatile this year. If we peel back the top layer, there are many different events we can blame it on: inflation, treasury yields, the Fed and interest rates, Covid vaccines, unemployment, even the colder than normal February. But, what if we didn’t peel back the top layer?…
Buying on Margin In a recent post explaining what was happening with GameStop, we discussed what short selling is and how a stock can get squeezed higher. Remember, entering into a short position is one of the riskiest investments to make because the losses are infinite (stocks can only go down to $0 while they…
February 2021 Financial Markets Summary The Super Bowl weekend is here! Tom Brady’s Tampa Bay Buccaneers will square off against Patrick Mahomes and the Kansas City Chiefs. The parties may look much different this year as the nation battles COVID-19, but we will continue to see significant spending and speculation just like we have experienced…
Beyond Your Finances, Market Commentary
Power of the Retail Investor In recent weeks, and more notably recent days, shares of GameStop [GME] and AMC Entertainment Holdings [AMC] have been gobbled up hordes of retail investors. So much so that prices have gone up 320%, and 161% just since Monday, respectively. In “GameStop Mania Reveals Power Shift on Wall Street—and the…
