What is a “short squeeze”?

Being out-of-favour and heavily “shorted” are key characteristics of so-called meme stocks. But what does being “shorted” mean, how does the “squeeze” work, and how have individual investors turned this to their advantage against hedge funds? Read on to discover retail investors’ new “meme squeeze” investment strategy, how they bested complacent hedge funds, and how this cat-and-mouseContinue reading “What is a “short squeeze”?”

Mixed markets showed a modest retreat

Nasdaq Stock Market (NASDAQ) The past week included significant gains for Agora Inc. (API), Silicon Motion Technology (SIMO), Atlassian Corporation PLC A (TEAM), Canaan Inc. (CAN), and Riot Blockchain Inc. (RIOT). Agora Inc. (API) shares skyrocketed following increased interest in the Chinese software provider from hedge funds. Silicon Motion Technology (SIMO) shares soared following the release ofContinue reading “Mixed markets showed a modest retreat”

What are earnings reports and how to use the eToro earnings calendar

You follow your stocks daily. You are ready to buy and sell whenever an opportunity arises. Then, out of nowhere, boom, your stock jumps 5%. An hour later another stock plummets 9%. You ask yourself: what’s going on?! Crazy times! Well, not so crazy. It might just be “earnings season.” Follow eToro’s Earnings Calendar WhatContinue reading “What are earnings reports and how to use the eToro earnings calendar”

After breaking records, markets saw a slower week

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Moderna Inc. (MRNA), 360 Finance Inc. (QFIN), Inmode Ltd. (INMD), BioNTech SE (BNTX), and Cargurus Inc (CARG). Moderna Inc. (MRNA) shares surged 23% as the biotech company was set to join the SPX500. After a 4-week decline in its shares,Continue reading “After breaking records, markets saw a slower week”

Despite tense moments, the bulls triumph again

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Newegg Commerce Inc. (NEGG), Stamps.com Inc. (STMP), Toughbuilt Industries, Inc. (TBLT), Overstock.com Inc. (OSTK) and Weibo Corp. (WB). Newegg Commerce Inc. (NEGG) shares continued to soar along with the computer parts retailer’s investor popularity as a meme stock.  Stamps.comContinue reading “Despite tense moments, the bulls triumph again”

Top stocks for Q3 2021

The second quarter of 2021 has generally been a very good period for stock market investors with major indexes such as the S&P 500, the STOXX Europe 600, and the FTSE 100 delivering solid gains. While some areas of the market, such as high-growth technology stocks, have underperformed on the back of inflation concerns, stocks in cyclical sectors such asContinue reading “Top stocks for Q3 2021”

US Independence Day, 2021: the American economy still leads the world

On July 4th, the United States will celebrate its 245th Independence Day. Despite being the strongest economy in the world, the US has gone through economic slumps from time to time. However, it has remained resilient, and a manifestation of that is that the dollar remains the world’s preferred currency. From meagre beginnings to economicContinue reading “US Independence Day, 2021: the American economy still leads the world”

Wall Street rallies to new highs

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for TaskUs Inc. (TASK), Globalstar (GSAT), Smith & Wesson (SWBI), Ocugen Inc. (OCGN) and PubMatic Inc. (PUBM). TaskUs Inc. (TASK) shares soared to a new high following the data outsourcing firm’s recent IPO.  Shares of tech communications company Globalstar (GSAT) jumped followingContinue reading “Wall Street rallies to new highs”

US stocks hit a slump

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Anavex Life Sciences Corp. (AVXL), MicroStrategy Inc. (MSTR), Monday.com (MNDY), Sunrun Inc. (RUN) and MongoDB Inc. (MDB). Anavex Life Sciences Corp. (AVXL) shares soared when peer-reviewed research on two of the biotech company’s pipeline drugs was published.  Shares ofContinue reading “US stocks hit a slump”

Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

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