February 12, 2021 Markets continued to float higher this week as companies continued to report better than expected earnings and as investors eyed a new stimulus package. Although details still need to be ironed out over who will qualify for Biden’s proposed $1,400 stimulus checks, they are expected to reach millions of households in the…
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February 5, 2021 Strong earnings and economic data spurred bulls to retake market highs this week. Tech giants Google and Amazon posted stellar earnings reports, pushing the Q4 2020 earnings “beat” rate for the S&P 500 to 84% and rallying the index to an all-time high. This was a swift turnaround for markets following last…
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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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