Gold and Crude Oil Await Dollar Break for Their Own Commitment
The Dollar is the principal pricing instrument for most global commodities, which has brought an unexpected curb to development for both gold and oil
Source: dailyfx.com
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Gamestop Corporation (NYSE:GME), BlackBerry (NASDAQ:BB) - 'Peak Stupidity': The End Of The GameStop Short Squeeze Trade?
Share: A handful of heavily shorted stocks experienced extremely volatile trading on Monday morning, leading some experts to speculate the 2021 short squeeze trade may have finally run out of steam. The poster child of the short squeeze trade, video game retailer GameStop Corp. (NYSE: GME), traded as high as $159.18 on Monday before dropping back below $79. Meanwhile, BlackBerry Ltd (NYSE: BB) initially jumped to $20.83 before dropping back to $17.30. Bed Bath & Beyond Inc. (NYSE: BBBY) rocketed all the way up to $47.73 but then pulled back to $31.0. Explaining The Action: Benzinga PreMark...
Source: benzinga.com