NewCover with LOGO

02-FEBRUARY 05-2021

I KNOW WE DIDN'TGood morning.
For retail traders interested in sticking it to the hedge funds, this week’s selloff in popular names has been tough.  While shares of GameStop are still substantially up for the year, they’re now down nearly 85 percent from their intra-day high last week.
Is the short squeeze over? Perhaps, perhaps not.  Brokerage firms are untapping the brakes they tapped last week when they halted trading in a number of names.  The real question, however, is whether or not traders will take their profits (or losses) to another brokerage firm when all is said and done.  Since most firms at least made some limits on trading last week, it’s a good question to see who the winners and losers will be going forward.

Now here’s the rest of the news:

 

 

 

February 05, 2020

Quora  From Your Digest

What are the most entertaining protests?
Author: Sean Kernan
Every single month, every member of the US Congress receives an issue of Hustler Magazine.  It’s just another titty magazine, albeit an extremely famous one.

main-qimg-20169463aec521c8225dd9a522d2b39d

It might sound like Larry Flynt is trolling congress, and in some sense he is, but it is really a form of protest, against the sanctions that have been leveled against him in the past, including a brief stint in prison.  He is an innovator in the business of porn, running the first widely sold hardcore porn magazine.  (Source: Inside Larry Flynt’s 36-year mission to troll congress. Kohn, Michelle)
And when we talk about this little congressional prank/protest, we aren’t talking about a small operation here.  It is 535 issues, that arrive monthly at the US House of Congress, addressed to individual members.  Flynt has been doing it for almost 40 years now.  In 1984, they tried to take him to court to make him stop, but the court ruled in his favor, saying that the people are given the right to petition the government, even through the use of porn.
Typically, they require interns to dispose of them, sometimes awkwardly, walking halls looking for trash.  Though I suspect not all 535 make it to the garbage pen.

…also in today’s news … President Trump was acquitted by the US Senate.  😉

February 05, 2019

Habit #2 — Set Small Goals; Take Small Steps One Day at a Time

[Tomorrow — Habit #3]  Day three of our Seven Habits of Recovering Procrastinators.  🙂

IMG_0712
Come From Aways, Do You?

More Posts

03-MARCH 04-2021

Good morning. One of the most popular sectors of the markets lately has been SPACs.  That’s short for special purpose acquisition companies.  That’s a fancy,

03-MARCH 03-2021

Good morning. Conventional wisdom is to buy the dip in the markets.  Conventional wisdom can sometimes be wrong, but in the case of the stock

03-MARCH 02-2021

Good morning. Technical analysis can often provide investors with a number of potential pivot points in the market. While not accurate 100 percent of the

03-MARCH 01-2021

Good morning. Markets closed one of their toughest weeks in months.  For many traders, the pain is palpable.  But looking at the last month or

02-FEBRUARY 28-2021

“Yesterday’s home runs don’t win today’s games.” –Babe Ruth Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of

02-FEBRUARY 27-2021

#1 Cause of “Morning Anxiety” (and how to fix it for good) The number one reason you’re anxious and stressed in the morning … is

02-FEBRUARY 26-2021

Good morning. On Wednesday, shares of retail trader favorite GameStop (GME) managed to jump triple-digits higher.  And the trend continued with a 19 percent rally

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message