January 29, 2021 It was a wild trading week on Wall Street as a flash mob of Reddit traders faced off against hedge funds in a battle that has been brewing over several weeks. Amateur traders have taken to online trading boards, sniffing out hedge funds’ top short positions (GameStop, AMC, and Blackberry) in hopes…
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December 18, 2020 Markets set new highs once again this week as investors remain hopeful they will find a stimulus deal in their stockings just in time for Christmas. A package remained elusive as of late Friday, but Republicans and Democrats have continued to work around the clock to reach an agreement prior to recess….
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December 11, 2020 Fresh from setting record highs, markets retreated slightly this week. On Thursday, the Food and Drug Administration advisory panel recommended approval of Pfizer and BioNTech’s Covid-19 vaccine. The move clears the way for the broader Food and Drug Administration to grant emergency use authorization for the vaccine, which could come as soon…
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