In Monday's Blitz Daily with Lance Ippolito, we take a look at online trading company Robinhood as meme stocks squeeze higher to end January.
Everyone thought I was joking in this past Thursday’s Daily Profits War Room, when I took a small earnings bet on Robinhood But look who’s laughing now!
You can’t say they didn’t have a point — Robinhood’s earnings fell short of expectations and the stock cratered… But that didn’t stop shares from squeezing more than 30% off of Friday’s lows!
Now, I can’t blame traders who want to steer clear of meme stonk options, so don’t worry, I have two more trades that are lighting up the Blitz Tracker this Monday!
Joy of the Trade’s Jeff Zananiri is pulling back the curtain on a trading method that mainly pushes our attention to the stock market right before it closes.
That’s because from the time the market opens until about 3 p.m. EST, Wall Street has the upper hand. But once 3 o’clock rolls around, the big funds on Wall Street tend to bleed cash…
Which sends certain stocks crashing lower.
Ready to take advantage of Wall Street’s weakest hour and learn why these massive opportunities may exist?
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