Friday, January 29, 2021

👉 The Fix is In as Retail Traders Locked Out

Good morning. The fee-heavy, underperforming Wall Street "pros" have one thing to say to retail..
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.
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Good morning. The fee-heavy, underperforming Wall Street "pros" have one thing to say to retail traders: Stay out of my territory. Instead of closing out their short positions and looking for the next trade, the industry has come out heavily against the little guy picking up shares of GameStop.

This "Black Thursday" showed that major brokerage firms and hedge funds are more than willing to collude to keep traders from buying companies they like at a price they're willing to pay, all so their wealthier friends can get a bailout. That's on top of the fact that large funds can already see the order flow from these retailer brokerages so they can front-run the trades of retail investors. Clearly, the fix is in. Hopefully instead of slinking away, retail traders will build a better investment platform that won't lock them out of big trades. Maybe retail investors need to buy Robinhood when it goes public, to prevent this kind of "rules for thee but not for me" mentality from ever having power again.


Now here's the rest of the news:

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Musk Goes "All In" on New Tech (NOT electric cars)
Tesla is the global leader when it comes to electric vehicle technology. But in a shocking twist of events, Elon Musk is now pivoting and going all-in on THIS emerging technology. And he's not the only billionaire chasing after it...

But one tiny company has already beaten ALL of them to the punch. It's cracked the code for making this tech viable on a massive, global scale...It currently trades for around $3 a share. But it won't stay that way for long.

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MARKETS
DOW 30,603.92 +0.99%
S&P 3,787.26 +0.97%
NASDAQ 13,337.16 +0.50%
*As of market close
Stocks rallied on Thursday, as strong earnings offset part of Wednesday's big drop.
Oil declined 1 percent, closing at $52.31 per barrel.
Gold declined 0.2 percent, hitting $1,845 per ounce.
Cryptocurrencies rallied, with Bitcoin last trading at $31,780.

Today's TOP TIPS
The Next Short Squeeze: A Heavily Hated Commodity?
Traders looking for other short-squeeze alternatives to GameStop (GME) are turning their eyes toward silver. Why? The commodity is seeing lower annual mining production, while demand for it increases thanks to a variety of uses in electronic components.

Meanwhile, big banks are able to play the silver market by selling contracts, earning a small amount on each trade, but making millions of trades. The disconnect between this paper market and the physical metals market has grown extreme.

» FULL STORY

Insider Trading Report: Intel Corp (INTC)
Robert Swan, CEO of Intel (INTC), recently picked up 27,544 shares. The buy increased his holdings by nearly 6 percent. The total cost of the buy came to just over $1.5 million.

This marks the first buy at the company since October, also by Swan. Insiders have generally been steady sellers of shares over the past few years, as befits the stock-based compensation of a large company in the tech space.

» FULL STORY

Unusual Options Activity: Continental Resources (CLR)
Oil and gas exploration company Continental Resources (CLR) has seen shares soar in recent sessions, and is in a general uptrend. One trader sees the move continuing over the next few weeks.

That's based on the March 2021 $30 calls. With 49 days until expiration, over 7,300 contracts traded against a prior open interest of 148, for a 50-fold rise in volume on the trade. The trader paid about $1.30 for each contract.

» FULL STORY

IN OTHER NEWS
The U.S. economy hit an annualized 4 percent growth rate in the final quarter of 2020.
Brokerages such as Robinhood restrict trading in GameStop and other favorite stock plays.
In earnings, Tesla Motors misses on earnings, but expects 50% annual delivery growth.
Apple reports a record quarterly profit of $111.4 billion.
Facebook beats, but warns on the impact from privacy changes at Apple.
Comcast reports 33 million signups for its streaming service Peacock.
Diageo sees strong demand for spirits in the second half of 2020.
American Airlines reports a lower-than-expected loss.
Southwest Airlines reports its first annual loss in 48 years.
McDonald's sees lower European sales due to lockdowns, but total sales will be higher than 2019.

S&P 500 MOVERS
TOP
LB 10.362%
AAL 9.3%
ENPH 8.223%
ABMD 8.074%
BKNG 7.848%
BOTTOM
LUMN 22.461%
MAC 15.058%
M 12.183%
IRM 9.727%
VIAC 9.634%

Quote of the Day
This market action is nothing more than another epic parabolic bubble that has been going on since the history of time. This is not investing. This is not planning for one's retirement with a diversified portfolio. This is not prudent analysis of stocks... And these traders forget that buying a stock is buying a piece of a company but instead they are just speculating on a stock symbol in the ultimate game of hot potato.
- Peter Boockvar, chief investment officer at Bleakley Advisory Group, on the massive moves higher in a number of short-squeeze plays occurring in the market right now.

Sponsored Content
Crazy New Revelation From Elon Musk (WOW)
Tesla is the global leader when it comes to electric vehicle technology. But in a shocking twist of events, Elon Musk is now pivoting and going all-in on THIS emerging technology, because he thinks it "will grow faster than automotive... it will be absolutely incredible."

And he's not the only billionaire chasing it: Warren Buffett and Bill Gates have thrown billions at it too. But one tiny company has already beaten ALL of them to the punch. It currently trades for around $3 a share. But not for long! 

Click HERE for the stunning details.


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