Bearish Bets: 2 Downgraded Stocks You Should Consider Shorting This Week These names are displaying both quantitative and technical deterioration. Stocks quotes in this article: RGLD, ARMK
Each week Trifecta Stocks identifies names that look bearish and may present interesting investing opportunities on the short side.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet s Quant Ratings, we zero in on five names.
While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names.
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Reddit day traders tried to beat Wall Street at its own game to prove the system is rigged.
Instead, brokerages locked them out and their holdings tanked, while some hedge funds still won big.
Experts said Wall Street s reaction showed just how high the deck was stacked against small investors.
Keith Gill, the day-trading member of the Reddit group Wall Street Bets who is widely credited with igniting the recent GameStop trading frenzy, claimed in late January that he had turned his $54,000 investment into a $48 million fortune.
Days later, it had been sliced by more than half to $22 million, and regulators had set their sights on Gill, investigating him over potential disclosure violations.