Gamestop Corp. Strong price action in such stocks has led to many retail brokerages in the last few days to impose restrictions on trading activity. But there are still many ways that investors can get in touch with Gamestop GME, -26.04% And other companies such as AMC Entertainment Holdings, AMC, …
Read More »Stock futures go ahead with Yellen’s testimony
U.S. The stock futures went ahead with several earnings representations and testimonies made by Janet Yellen in which she is expected to support higher coronavirus relief costs. Futures linked to the S&P 500 rose 0.6%, pointing to a rally after the opening bell. Those joining the Nasdaq-100 added 0.9%, suggesting …
Read More »‘Big Short’ investors say their big Tesla Short is getting ‘bigger and bigger’
Tesla TSLA, + 7.84% The short-sellers caught on the false end of the 38 38 billion hit in 2020 have suffered “the biggest annual mark-to-market loss ever seen by S3 Partners’ Ehor Dusanovsky.” One of the underwater in that trade: Michael Burri. U.S. The investor, best known for his earlier …
Read More »If 2020 was a year to buy rumors, then 2021 is the time to ‘sell the news’, says P newslet newsletter author
It wasn’t such a great start to the new year. S&P 500 SPX, -1.48% Fell 1.5% to start the trading year 2021, the worst single-day decline since October 28. Maybe one day represents the trend. “2020 bought the rumor, and 2021 will sell the news,” wrote Kirk Spano, author of …
Read More »NYSE 3 to list largest Chinese telecom to comply with Trump’s executive order
Last Updated: December 31, 2020 at 10:10 a.m. ET First published: December 31, 2020 at 10:07 a.m. ET China Mobile has been listed on the NYSE since 1997. AFP / Getty Images The New York Stock Exchange announced late Thursday that it has begun prosecuting three of the largest Chinese …
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