Page 7 - Day Traders News Today

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Investor Carson Block says hes had to trade more frequently to fight the risk of short squeezes. Block says more investors are making trading decisions based on technical, not fundamental, factors. He says that means he has to be willing to take losses and try again. Short-sellers faced a new reality the last few weeks as retail squeezes became a threat they c...

Hedge Fund Billionaires Take Break From Losing Money On GameStop, Figuring Out Why To Beef On Twitter, TV Steve Cohen wants everyone to “chile” out. Author: Steve Cohen wants everyone to “chile” out. For a brief moment, it looked like order was being restored. Things had, of course, gotten almost inconceivably worse this morning, which given how bad things got yesterday is really saying something. But there it was: Elon Musk tweeted, and GameStop shares, already up more than...

Until now, the Twitter interactions between Mets fans and owner Steve Cohen wereabout free agents and jerseys, but things took a turn for the worse this week, and it had nothing to do with the team itself.

An army of Reddit traders unleashed a spectacular short-squeeze on GameStop stock and others. Hedge funds will likely swallow multibillion-dollar losses and

(Bloomberg) -- A hellish week for hedge funds will be remembered for how much damage Reddit traders caused by chasing a handful of the most-shorted names in the $43 trillion U.S. stock market.But just why were the institutional pros forced to downsize their market exposures at the fastest pace since pandemic-spurred March rout?One reason is that their risk models told them to.As a flood of retail money sent stocks like GameStop Corp. and AMC Entertainment Holdings Inc. surging, the trading signa...

Redditors declaration of war on hedge funds might be ugly, but it wont break the system, pros say Read full article January 29, 2021, 4:22 PM·3 min read A wild week on Wall Street ended in much the way it had begun, with day traders pouring money into a handful of troubled stocks as the broader market churned with volatility over vaccine worries, corporate earnings and short-sellers scrambling to regain their footing. Retail investors — many newly minted, their exposure to the market facilit...

Attention on wall street. day traders at home in this pandemic on inexpensive apps taking on giant wall street hedge funds who have bet against struggling companies. many of those investors at home investing in those struggling companies, forcing the hedge funds to then pay up for shorting the companies. heres abcs chief business correspondent rebecca jarvis tonight. >> reporter: tonight, the new york attorney general is investigating after a multibillion dollar bubble on wall street burst. it a...

and last updated 2021-01-27 18:35:35-05 BUFFALO, N.Y. (WKBW) — “I don’t look at this as investing. I look at this as gambling. This is the same as going to the casino and putting all your money on red and hoping that it hits," 27-year-old investor Hayden Vogal said. "They can make the money today, They can make the money tomorrow. But the next day, it can just crash and they can lose everything.” What Vogal is talking about day-trading. A form of investing popular among man...

(Bloomberg) -- India’s day traders are strapping in for the GameStop Corp. ride that’s taken equity markets by storm.The videogame retailer was among the five most-traded names over the past week on Stockal, a platform for Indian retail investors to trade U.S. equities. GameStop accounted for about 15% of all trades on the platform, Sitashwa Srivastava, co-founder and co-chief executive officer said in an interview.“We were not expecting Indians would be on Reddit, reading a...

Volatile it is, yet its the president who was blamed. >> this whole strategy is looking chaotic and incoherent, pretty directionless. the only americans that i can think of that could have been happy with this sort of on again-off again tariff action of the last several days are maybe the day traders, i dont know. it doesnt help our consumers, it doesnt help our farmers, it doesnt get us closer to a deal with china. and from the chinese point of view, theyre looking at the trump administrations ...