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Market News

Location American Market News for 29 January 2021
A swell of cryptocurrency trading coincided with a major bitcoin exchange outage and led to curbs on other platforms, mirroring the difficulties traditional brokers have had with a frenzy of stock-market activity.
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Top Stocks To Buy Today As Johnson & Johnson Vaccine Underwhelms Markets It's been a volatile trading week, with "Reddit investors" upending institutional investors and hedge funds by influencing a stock market rally for underperforming stocks.
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Why Workhorse Stock Looks Set For Further Gains Workhorse Group, a company that makes electric commercial-delivery vans, saw its stock price rise by 30% on Tuesday, with its total year to date gains in 2021 standing at around 60%. The recent rally comes as President J...
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Changing Tone And Reassessing: Rough Week Ends With More Softness As Long Rally Slows There was a change in tone on Wall Street this week, part of which was evident in the short squeeze action we all witnessed. It's a storm of things coming together that have led to a bit of a disruption in the market, wh...
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On Tap For 2021: Nanobubbles, Thermal Batteries, And More I am shifting my focus to three main areas for writing and research over the next year: 1) Post-Carbon Industry 2) Grid Evolution and Energy Efficiency 3) Agricultural Technology. Here's what I mean by these terms and wh...
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This Black Female Founding CEO Says Cannabis Is The Next Consumer Packaged Goods Industry With five states voting in 2020 to legalize some form cannabis sales, more state legislatures already taking up legalization in this year's legislative sessions, and the possibility of action at the federal level, the ca...
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Letter to Pimco Executives Alleges Discrimination Toward Women

Wall Street Journal - 29 Jan 2021 22:20
Current and former employees alleged a pattern of abusive and discriminatory behavior toward women and urged the executives to take steps to fix gaps in pay and promotions.
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Why Are Soaring Meme Stocks Driving Down Dow And S&P 500? Short sellers dump their profitable holdings to raise cash to buy back the shares they borrowed from their brokers
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Chevron Emerges From Exxon's Shadow

Wall Street Journal - 29 Jan 2021 22:00
Chevron's careful strategy has helped it stay off the radars of activist investors and regulators.
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Alphabet Crushed All Expectations In Q3. What Can We Expect In Q4? When you create a product that's efficient, effective, and well-branded it can become peoples' top choice, and that favorability could pose a significant barrier to entry. The downside: You might be accused of having a m...
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For Elon Musk And Others: How Short Selling Works How Short Selling Works: Understanding a misunderstood investment concept
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German Markets Watchdog Chief Fired Over Wirecard Scandal

Wall Street Journal - 29 Jan 2021 20:12
BaFin President Felix Hufeld has been dismissed by the German government following intense criticism over his handling of accounting scandal.
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Top Stocks To Short Today Amid Reddit Mania And Disappointing Johnson & Johnson Data As the war between retail investors and Wall Street continues, stocks are on pace for their worst weekly declines in nearly three months.
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Reddit-Fueled Stock Rallies Boost Some Bond Prices

Wall Street Journal - 29 Jan 2021 19:46
Bonds tied to AMC, American Airlines and other companies have risen thanks in part to this week's stock market madness.
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Qualtrics Marks Stellar Debut Upon Separation From SAP SE XM attracted overwhelming interest from investors, following which the company's shares were priced at $30.00, well above the initial price range of $20.00 - $24.00.
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J&J Vaccine Is Still a Win for the Public

Wall Street Journal - 29 Jan 2021 18:25
Wall Street was disappointed by data from Johnson & Johnson's coronavirus-vaccine candidate, but the shot will play a key role in the public-health effort.
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A Tale of Two GameStops

Wall Street Journal - 29 Jan 2021 18:23
The videogame retailer's actual business has become fully decoupled from its high-flying stock, but fundamentals have a way of lasting.
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Building Back Better Forever: The National Reconstruction and Continuous Development Act Of 2021 Economic Development isn't a one-off achievement. It's a continuous process of technological progress and responsive macroeconomic adjustment. Four tweaks to our White House Cabinet, Fed, and Treasury would enable us to ...
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The Brewing Battle for Offshore Wind Turbines

Wall Street Journal - 29 Jan 2021 17:13
Offshore wind turbines have a nice tailwind as politicians around the world clamp down on carbon emissions. But global leader Siemens Gamesa Renewable Energy also needs to watch its back.
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SEC to Review Brokers' Restrictions on GameStop, AMC Trading

Wall Street Journal - 29 Jan 2021 17:01
Securities regulators said they plan to closely review the actions of brokerage firms that moved to restrict investors' ability to trade volatile stocks such as GameStop this week.
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Andrew Left's Citron Will Stop Publishing Short-Seller Reports

Wall Street Journal - 29 Jan 2021 16:56
Following backlash over the short seller's recent public skepticism about shares of GameStop, his firm will pivot to providing insight into companies it thinks investors should buy.
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Trader known as DeepF--ingValue on the WallStreetBets forum and "Roaring Kitty" on YouTube, helped turn the investing world upside down. "I didn't expect this."
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