Hats off to the Robinhood traders that picked up shares of a company in bankruptcy, despite the protests and mockery of professional money managers. The proposed turnaround bid is one of the few that offers a payout to shareholders. $HTZ $HTZGQ #robinhood https://t.co/bnzspzkuuR
After more than a month of consolidation, another phenomenal jobs number drives this market forward. Higher 10 year yield (yet still historically low) is very digestible on the back of solid growth. #stocks#investing
Blowout jobs number, much of it driven by hiring in bars and restaurants, shows the reopening is taking hold. That along with increased vaccine availability will drive cyclicals higher in the coming months. #stocks#jobs
$RKT lifts off! This has been an undervalued stock for months with excessive short interest. Stellar earnings, an upcoming special div, and $1B of ammo in the form of an approved buyback is catching the market’s interest and forcing shorts to cover.
The strong intraday reversal following Powell’s testimony points to the recent inflation scare subsiding. Watch for the bull market to resume. Plummeting Covid cases + strong earnings + fiscal stimulus + Fed bond buying = market higher #stocks#investing
Recent equity inflows are only one-fifth of the aggregate outflows since 2018. Lot of money still sitting on the sidelines (deposits, money market funds). There might be some small sell-offs in the near term, but this bull market still has a long way to go. #stocks#investing
Daily new Covid cases fall below 100k in the US. Watch for this number to plummet as vaccines continue to be rolled out and mask use increases. Exponential increases in cases can quickly turn into exponential declines. Good news for humanity and for the markets. #stocks#MaskUp
#Ethereum at record highs ahead of futures being listed. More important news than #dogecoin (although admittedly less fun and meme-worthy). Market cap of all #cryptocurrency now over $1 trillion!
The Big Tech and Big Auto team ups continue. In recent weeks, we’ve seen $GM + $MSFT, $F + $GOOGL, and now Kia + $AAPL. Who’s next? Watch for more tech partnerships (and higher valuations) in the auto space #stocks#electric#tech $tsla https://t.co/hBV2Th3rFP
@gjohnson7765 $GME may stage a recovery rally, but likely smaller than the initial rally. The new shorts in the stock are able to hold out longer that the initial shorts, so we should see less squeezy spikes. That being said, it’s GME, so who knows!
Drops in $GME / $AMC and pickup in the overall market point to the fact that hedge fund deleveraging over the last week is likely finished. Look for the longer-term rally in the market to resume. #stocks#wsb
Low rates for the foreseeable future + expanding covid vaccinations + continued liquidity from the Fed + good chance of fiscal stimulus + trillions in cash and low-yielding bonds that could rotate into equities = stocks higher #stocks#bullish
@RobinhoodApp How are funds still allowed to short sell more than the total outstanding shares of $GME (which planted the seeds for the current volatility), but retail users are banned from buying to offset this?
@RobinhoodApp How are funds still allowed to short sell more than the total outstanding shares of $GME (which planted the seeds for the current volatility), but retail users are banned from buying to offset this?
Don’t just be passive. Invest 60 - 70% of assets in index funds for the long-term, but invest the rest in well-researched stocks of your choosing. Hopefully you beat the market, but if not, the education gained from being in the arena is priceless. #finance#investing#stocks