GME Saga Continues Part III

January 29, Friday. Expiration Day. The GME army is holding and continuing to buy GME. I get an email from Robinhood in the morning stating there’s limitations on the number of shares each account is allowed to buy: 5. A measly 5 shares only. It’s almost worse than keeping the buys shut off completely – … Read more

GME Trades Halted Again

Robinhood. Webull. Tastyworks. This morning, these brokerages of mine got shut off from the ability buy stocks or open new option positions on GME and a handful of other stocks. But the ability to sell was still there. And institutional traders can still buy these stocks. There were other brokerages too that shut the ability … Read more

How Does it Feel to Get Punched in the Face?

“It wasn’t that bad” We had a call with our nephew who has just had his first boxing sparring session, against a professional too. He then started to described his experience. He said the straight punches to the face didn’t hurt as much as expected. But the hooks to the side of the head caused … Read more

GME – Short Squeeze

This week has been one for the record books – and it’s only Tuesday! So the super concise version of what’s happened. The phenomenon is called a Short Squeeze. To understand we a Short is a trading strategy used most often by Institutional Traders like hedgefunds to make money while betting that a stock’s price … Read more

A Calm Sea Does Not Make a Skilled Sailor

That’s the fortune cookie we got today. I was a bit surprised that the fortune was not only serious, but actually pretty good words of wisdom. We just came off one of, if not THE longest bull run in the stock market. And although past performances does not indicate future performances, we as investors can … Read more