Explanation to Gamestops recent explosion in stock price

Since this may be a difficult concept for some to grasp, I will lay out the key fundamentals of $GME stock, before laying out the explanation. There are too few GME shares to hedge. Hundreds of thousands are buying the GME 60C because of the infinite short squeeze. January 29, 2021 60C call option is […]

Week Ahead #42

Third-quarter earnings kick off next week, with updates expected from health care giant Johnson & Johnson and major banks such as JPMorgan Chase, Citigroup, and Wells Fargo. At the same time, Brexit talks continue ahead of an EU summit Thursday, while the virtual WBG/IMF Annual Meetings are also in the spotlight. Key economic data to […]

The Recession Has Been Canceled

Week #24: U.S. Equity continues to climb on Monday, with the Nasdaq 100 reaching a fresh record high and the Dow Jones moving vertically 400 points entering a fourteen-week high as investors wager on a swift economic recovery from the pandemic driven lockdown.  For the time being, the anticipation of a second wave of the […]

The Dollar Crisis

Week #31 I promised in my Monday newsletter that I would cover the dollar crisis topic in its own post, so here we are. This all really started to escalate back when the Fed kick-started what many on Reddit have deemed the “magic printer”. In The Fed’s frantic scramble to save the U.S. economy, the central […]