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How day-trading is changing short-selling: Carson Block interview - Vimarsana News

How day-trading is changing short-selling: Carson Block interview

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Investor Carson Block says he's 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 could no longer ignore. A saying sometimes attributed to the famous economist John Maynard Keynes wa...

Hedge Fund Billionaires Take Break From Losing Money On GameStop, Figuring Out Why To Beef On Twitter, TV - Vimarsana News

Hedge Fund Billionaires Take Break From Losing Money On GameStop, Figuring Out Why To Beef On Twitter, TV

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 $100 on Tuesday, jumped another $200 within a half-hour of the opening bell. Appetites were already...

Mets owner Steve Cohen deletes Twitter after family receives threats - Vimarsana News

Mets owner Steve Cohen deletes Twitter after family receives threats

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.

Source: abc7ny.com
What you need to know on the markets this week: 'Eat the rich' - Robinhood's reckoning after GameStop, the Bank of England's toolbox, and blockbuster earnings - Vimarsana News

What you need to know on the markets this week: 'Eat the rich' - Robinhood's reckoning after GameStop, the Bank of England's toolbox, and blockbuster earnings

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

A Reddit Army Descends on Hedge Funds Chained by Risk Models - Vimarsana News

A Reddit Army Descends on Hedge Funds Chained by Risk Models

(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 signals that guide how the smart money invest flashed red.Known as Value at Risk, this crude but widely u...

Source: yahoo.com