For those wondering, we are at that point in the bubble where Wall Street professionals are actively urging investors to buy everything they have to sell. Take Bob Michele – the chief […]
Global shares continued their euphoric ways, rising for the eighth day in a row, reaching record highs as market sentiment was improved by the prospect of U.S. fiscal stimulus and vaccine rollouts. […]
With overnight US equity futures rising for a 5th straight day, tracking global markets, the Emini climbed to a new all time high as investors parsed through a flurry of corporate results […]
There is a massive threat to our capital markets, the free market in general, and fair dealings overall. And no, it’s not China. It’s a homegrown threat that everyone has been afraid […]
The unfortunate reality of Wall Street is that, sooner or later, we knew that hedge fund players would emerge who capitalized on the Reddit-fueled squeezes of the last two weeks. One such […]
It’s been mere hours since Charles Hugh Smith, Jesse and I finished off our AxisOfEasy Salon 36: Democratizing Stonk Market Manipulation covering the #WallStreetBets situation and things have already morphed in a direction along […]
What: A newly resurfaced clip from history’s most groundbreaking fake kids show Who: Wonder Showzen Why we care: In the mid-aughts, MTV2 debuted the delightfully demented Wonder Showzen, which revolutionized how the stuff of children’s educational […]
Shortly after Robinhood folded on its earlier decision to block buying of several high-profile stocks, Bloomberg reports the company has drawn down some of its credit lines with banks. According to people with knowledge of […]
With bank after bank after bank piling on with warnings that the market is due for a substantial setback to ease some of the retail euphoria (without realizing that said euphoria will merely shift to squeezing the most […]
Yesterday afternoon, when Gamestop and a handful of the most shorted small cap stocks exploded to never before seen levels, we reported that Melvin Capital had emerged as the first casualty of the Reddit/WallStreetBets forced squeeze/bull […]
