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Market News

Location American Market News for 31 January 2021
Will Tesla Break The S&P 500? (Pt 4) - Managing The addition of Tesla to the S&P 500 Index triggered an upheaval in the market. It led to potentially dangerous, record-breaking trading volumes. The index managers used some interesting techniques to manage the event.
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GOP Senators Offer Alternative Stimulus Plan As Democrats Prepare To Pass $1.9 Trillion Rescue Bill Without Them Ten lawmakers say a bipartisan bill is possible.
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Gambling? In the Stock Market? I'm Shocked.

Wall Street Journal - 31 Jan 2021 16:03
Markets have always attracted gamblers. The trick for the economy is to make sure they aren't the main movers of the market, at least most of the time.
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Bubble Markets Display Bizarre Behavior Right Before They Tumble The typical signs of an approaching bubble bust were on full display in the equity markets last week, like the dot-com bubble of the 90s.
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A trading firm owned by hedge-fund billionaire Ken Griffin has played a quiet but critical role by executing orders for customers of Robinhood and other online brokerages.
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The Racial Economic Gap Is Not Just About Money The only way to make an impact on the race economic gap in the US is to understand that it is derived from several factors that comprise the gaps in status across society.
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EU Regulation Of US Technology Giants: A Forecast EU Regulation of US Technology Giants: A Forecast The European Union's new Digital Markets Act could be the most restrictive series of regulations against United States tech giants ever created.
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Did Gamestop Kill The Market's Rally?

Forbes - 31 Jan 2021 21:51
Did Gamestop Kill The Market's Rally? Early in the week some Wall Street pros were not worried about GME's influence on the overall market. By Friday's close, a few had changed their minds but were their technical warnings before the week even started?
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Apple's Fantastic December Quarter Results Weren't Enough Even though Apple reported blowout results for the December quarter, they weren't enough to keep the stock from falling.
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How GameStop And An Army Of Reddit Traders Exposed The Riskiest Market In A Century Trading was halted GameStop last week amid an epic short squeeze that cost Wall Street billions. It may only be the beginning of a risky game of chicken.
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Wasabi Is Tripling As AWS, Azure Lead Cloud Services Market Wasabi's aiming at a $1 billion valuation as it competes with AWS's Simple Storage Service. Can Wasabi raise the capital needed to get there?
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Melvin Capital Lost 53% in January, Hurt by GameStop, Others

Wall Street Journal - 31 Jan 2021 17:14
Losses at the hedge fund extended beyond GameStop, but new and existing clients have signed up to invest money into Melvin on Feb. 1.
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All Aboard the Stock-Market Solar Coaster

Wall Street Journal - 31 Jan 2021 17:03
Much of the climb in solar stocks looks justified by growth prospects, but buyers may still be in for a bumpy ride.
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Climate Czar Kerry Wants Ex-Keystone Workers To Make Solar Panels. That Will Require Importing Less China Solar Panels. If Keystone Pipeline workers are to really work making solar panels, then Washington will have to seriously rethink China.
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Investors see some classic signs of froth, but they are uncertain whether a downfall looms.
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GameStop On Edge

Forbes - 31 Jan 2021 02:41
GameStop On Edge Last week's stock market was special, but next week's will likely head in a different direction.
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The Seductive Dividends (Up To 10%) You Should Never Buy Many people are desperate for any decent yield these days, which is making oil and gas funds look attractive.
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