Scott K
commented on
Volumes by reddit/retail traders has been declining since the middle of February. What is behind the dropoff in retail participation? Simple: the opportunity to engage in other, more social activites. Over the last few months, call volumes have been inversely correlated with indicators of reopening, with volumes rising as stay-at-home activity rose and falling as reopening gathered pace. Said otherwise, the economic reopening is bad news for continued gamma squeezes. As reddit/retail investors have other things to do, the attention focused on the equity market has started its fade. This week also saw the first outflow from US equity funds (-$10bn) in 7 weeks, after averaging $23bn a week since early February. ...
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Scott K
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$GameStop (GME.US)$ goes brrrrrrrrrrrrrrr!
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Scott K
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Hello, mooers! Welcome back to our weekly series, the upgraded brand new Weekly Buzz, where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week!(Nano caps are excluded.)
Most sectors settled in the red last week, but some stocks came back to skyrocket. Airlines, energy, and even Meme stocks brought surprises. Last week Hong Kong announced a 0.03% tax increase on stock transactions which sparked a 3% selloff, while SEC stated a reduction in the fee rate of the fiscal year 2021....
Most sectors settled in the red last week, but some stocks came back to skyrocket. Airlines, energy, and even Meme stocks brought surprises. Last week Hong Kong announced a 0.03% tax increase on stock transactions which sparked a 3% selloff, while SEC stated a reduction in the fee rate of the fiscal year 2021....
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Scott K
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Along with the WSB forum shouting for blank silver, silver really be in the wave. As the craze cooled, silver has experienced surged and then plummeted, bringing gold in the ditch. In the past few days, the prices of precious metals such as gold have fluctuated, and many people have begun to say that the bull market in gold is over. Are they serious? Actually, here is the beginning! What an epic rise it is! Even an adult today may only see an epic rise once in his life. But there is no doubt that short-term leveraged trading is worthy of vigilance....
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Scott K : How do I downvote this.