techipos
One week, Reddit bandits take on hedge funds and win, pumping up stocks like GameStop and AMC while the broader market sees its worst decline since October. Q4 2020 hedge fund letters, conferences and more What a difference a week can make. The indices then see their most significant gains the next week since Joe Biden's election victory and don't see a down day all week. A Tug Of War Between SentimentsNow we're here- still amid a tug of war between sentiments. For now, though, things are looking rosy. That is, of course, unless you're Patrick Mahomes this morning. Can the market keep up it’s ...
ValueWalk
This market continues trudging forward and weighing good news with bad. After stocks closed last week with their first weekly declines in nearly a month, stocks staged a mild recovery on Tuesday (Jan. 19th) led by tech, big banks, and small-caps. Q4 2020 hedge fund letters, conferences and more Renewed Stimulus Hopes Push Stocks HigherToday's gains were primarily thanks to renewed stimulus hopes, faster vaccine distributions, and strong bank earnings. However, this is far from an “all clear.” It still reminds me of the Q4 2018 pullback ( read my story here ). I remain steadfast that there is w...
ValueWalk
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