| | | Where Are the Billionaires Putting Their Money? |
Have you ever seen what happens when millions absolutely pour into random stocks?
For example, billionaire George Soros bought 2.7 million shares of Peloton.
And Peloton's share price shot from $18 to almost $140!
That's a 690% jump from ONE man pouring some of his wealth into a random stock.
Now if only there was a way to know when these billionaire moguls were going to buy into seemingly random stocks…
It's a good thing trading expert Adam Sarhan seems to have found just that. |
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| | | WealthPress Readers Outraged By Robinhood Trade Restrictions |
The week of Jan. 25 was unlike anything seen before on Wall Street as Redditors banded together to send heavily shorted stocks like GameStop soaring in a squeeze.
Subreddit r/WallStreetBets, which now has 8 million members and climbing fast, became somewhat of a household name as news of the sudden, meteoric rise of GameStop spread like wildfire, dominating the news cycle.
The New York Times, CNBC, CNN, Fox Business… WealthPress — name your medium of choice and they are covering it.
"I've been doing this for 27 years and I've never seen anything quite like it," WealthPress Head Trader Roger Scott said.
And caught up in the firestorm was popular trading app Robinhood, which outraged users and politicians alike by restricting and outright blocking some trades on 13 stocks like GME, AMC and others.
A class-action lawsuit has been filed, and Future of Wealth Head Trader Lance Ippolito called for a boycott of Robinhood, saying "They don't care about you."
A number of angry WealthPress readers wrote in to vent and share their stories of how the restrictions directly affected their accounts, costing them money. |
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| | | Did Robinhood and Other Brokers Team Up to Swindle Retail Traders? |
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First off, I understand that beliefs and preferences tend to vary from person to person — I'll even give you a few examples.
I believe that baseball is the greatest game on the planet… Though lots of folks think it's boring.
I believe in correct answers rather than Democratic or Republican answers… Though the vast majority of people in this country are pot-committed to one or the other.
When Robinhood, Interactive Brokers and others worked in concert to lock retail traders out of buying high-short interest stocks this morning, they actively chose to do the opposite. |
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| "I love your educational webinars and video tutorials! I wish I had found you sooner. Looking to learn how to trade profitably with consistency in order to grow an account."
Jacqueline H.
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| | A Speculator utilizes strategies and typically a shorter time frame in an attempt to outperform traditional longer-term investors. Speculators take on risk, especially with respect to anticipating future price movements, in the hope of making gains that are large enough to offset the risk. Speculators who are profitable over the long-term control their risk through position sizing, stop loss orders, and monitoring the statistics of their trading performance. Speculators are typically sophisticated risk-taking individuals with expertise in the markets in which they are trading. |
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| Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Disclosure: Please note that some of our staff and experts may have financial interest in the companies discussed above which could benefit from the information shared in this document. Please see our complete Terms and Conditions here for more information. |
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