Hello and welcome to Insider Investing. I am Joe Ciolli, and I’m here to guide you through what has been happening in markets, and what to expect in the coming weeks. Here’s what’s on the docket:
We spoke to ten users and industry experts to find out how Robinhood has allowed the gamification of trading. We specifically concentrated on the platform digital interface, and the tips it uses to acquire young users hooked.Cathie Wood and her staff break down the implications of Tesla’s $1.5 billion bitcoin investment, and share the investment situation to the Chinese inventory behind the audio chat app Clubhouse. A hedge fund manager who actually wrote the book on short-selling discusses how he evaded the short squeeze meme stocksshares and shares what stocks he’s buying.
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Your weekly outlook
The past week saw the market zeitgeist shift somewhat from the pesky day-trading rascals around Reddit and outside bitcoin, which set new documents. The red-hot cryptocurrency obtained a coveted co from Tesla, which said that it bought $1.5 billion worth and could begin taking it as payment.
It then surged even more to all-time highs after additional adoption against the likes of Mastercard along with BNY Mellon. With bitcoin now back in record highs, a few age-old queries will persist over the coming weeks: Can increasingly prevalent adoption continue to counter concerns that the coin’s price is overextended? And who will follow the result of these high-profile businesses?
But the return of crypto didn’t mean all was quiet on the Reddit front. There has been significant day-trader interest around cannabis stocks through the week, pegged to expectations which federal legalization will gather steam beneath the Biden government. Volume for options – the preferred investment automobile for risk-hungry Wall Street Bets users – jumped to records.
The initial pop in cannabis titles did quickly subside, raising concerns of whether the Reddit crowd will be able to achieve the level of interest and consensus that created its GameStop bet so effective. The sudden interest from the cannabis space additionally showed the unpredictability of the Reddit cohort, which seems to shift its attention at a minute’s notice.
Lastly, stimulus will remain at top of mind to investors this coming week, even if progress was slow and irritating occasionally. The market still responds immediately to some type of incremental improvement, so keep a look out for advice from politicans or additional package details.
The design features that make Robinhood so addicting
Robinhood; Samantha Lee/Insider
By all indications, Robinhood has become the investing app for novice retail dealers. Its slick design, flashy features, and simple interface have brought 13 million users because 2013. Insider spoke with 10 users and industry experts to find out how Robinhood has changed trading.
Read the full story here:
GENERATION ROBINHOOD: How the trading app conditioned its users to obsessively perform the marketCathie Wood & Co. discuss Tesla, GameStop, and the Chinese inventory behind Clubhouse
ARK Invest
Last week Ark CEO Cathie Wood said stocks aren’t in a bubble, however bonds are. She and her staff break down the implications of Tesla’s $1.5 billion bitcoin investment, and share the investment situation to the Chinese inventory behind the audio chat app Clubhouse.
Read the full story here:
Cathie Wood along with her analysts discuss why Tesla’s $1.5 billion bitcoin buy can cause a wave of business investments, the fallout of the GameStop-AMC happening, and their own bullish views on the Chinese inventory supporting ClubhouseShort-selling strategies from the guy who wrote the book on it
Papyrus Capital
Nitin Sacheti is the founder and portfolio manager of Papyrus Capital, a long/short hedge fund. In a publication called”Downside Protection,” Sacheti detailed his own distinctive short-selling strategy. He breaks he evaded the short squeeze meme stocksshares and shares what stocks he’s buying.
Read the full story here:
Seeking experts that are ready to name names? Look no further:
RBC says to purchase these 15 stocks as small businesses keep dominating the market – and understand why each will be a high pick for 2021GOLDMAN SACHS: Buy these 26’best of both worlds’ stocks set to soar with economic recovery even when interest rates stay lowBank of America says purchase these 17 under-owned stocks which are set to benefit from a quicker economic recovery and improved COVID responseCredit Suisse says to purchase these 16’highest-conviction’ stock selections which are put to outperform even though the market contrarian viewBarclays states buy these 33 beaten-down stocks which are certainly poised to capitalize on the reopening of this economy in recent years before These 3 cannabis stocks are’poised to be market leaders’ and have the infrastructure to grab up sector share when federal legalization occurs in the US, based on an analyst to its top-performing ETF in the world this season JPMorgan states 2021 is a stock-picker’s paradise offering large rewarding chances. Here are the company’s 22 highest-conviction small investment ideas. GOLDMAN SACHS: Buy these 13 stocks poised to benefit from surging commodity prices – like two set to soar by more than 40 percent BANK OF AMERICA: Buy those seven online-retail stocks which are’structural winners’ place to build on strong 2020 gains – like 1 with 41% upside down A wealth management research chief shares 6 stock-market businesses to purchase as the country reopens and the economy adventures its’best single year of GDP growth since 2000′Bank of America stocks 9 stocks to purchase as the pandemic prompts buyers to modify their spending habits involving’solitary leisure’ activities such as biking and golfing Read the first post on Business Insider
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