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NEW YORK (Reuters) - Joe Youngblood, who works in digital marketing in Dallas, Texas, bought his first share of GameStop at $98 in early February and found his investment cut in half in a matter of days. After a wild ride, he is now up more than 200% and expects the video game retailer to initiate a much-awaited turnaround of its business.
FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo
“I am kicking myself for not buying more when it dropped below $50,” said Youngblood. “After research I believe GameStop has a good chance to pull it off.”
Will Dollarization Kill Bitcoin Trading in Venezuela?
Some Venezuelans turned to Bitcoin in lieu of easily accessible foreign currency. Now that Maduro’s government has accepted dollarization, will that change?
In brief
Venezuela s national currency suffers from hyperinflation.
One of the ways that Venezuelans have sought to escape the devaluing bolivar is through Bitcoin.
But now that Venezuela s government has made it much easier to access US dollars, Bitcoin s appeal could be tested.
Venezuela’s complex economic conditions have led to it often being referred to as a “case study” in Bitcoin a cryptocurrency practically tailor-made for an economy saddled with hyperinflation and a repressive government.
Making Sense of BlackBerry Stocks quotes in this article: BB
I googled reddit and in a fraction of a second I found 625 million citations this Thursday morning. Pretty amazing for a company that started in 2005 according to my Google search. I understand that BlackBerry Ltd. (BB) has been touted by the reddit crowd so let s venture a look at the BB charts.
In the daily bar chart of BB, below, we can see that the shares made a line formation from May until late November. Many will associate the term line formation with a formation in warfare. According to the writings of Charles Henry Dow it was a very narrow trading range. Upside breakouts were bullish and downside breakouts were bearish. Things were pretty simple back in 1900.
Doors and Catalysts, Nasdaq Resistance, China Trouble? Trading Defense Stocks We can still look forward to that always elusive follow through day for the Nasdaq.
Mar 11, 2021 | 07:50 AM EST
There was a door stood long ajar
That one had left for me
While I went trying other doors
To which I had no key The Door (excerpt), Jessie Belle Rittenhouse (1918) Just what was Jessie Rittenhouse trying to tell us when she wrote that verse? Not casting blame for being incapable of recognizing opportunity in real-time, I don t think. Certainly not casting blame for any lack of initiative or work ethic, for the subject had been trying other doors. More, a message of perseverance, in my opinion. For if the effort is there, and one adapts to the environment while honing cognitive ability and situational awareness along the way, then one ultimately finds a way. finds the door that will open to where one was always headed in the first place. She may have been writing about doors in