AMC Stock: Hot Topics On The Planet Of The Apes
BERNARD ZAMBONIN AND DANIEL MARTINS, 13 July 2021
Apes have been accumulating some losses lately, as AMC stock (AMC) – Get Report moves progressively lower in July. Share price has dropped by almost 20% drop in the last five days alone, possibly suggesting that short sellers remain firmly positioned against the movie theater stock.
Today, Wall Street Memes presents some of the main topics of discussion among the most fervent apes regarding AMC stock. Continue reading “Article: AMC Stock: Hot Topics On The Planet Of The Apes”
I fully expect U.S. stocks to decline sharply over the coming months and potentially years as the extreme level of valuation and bullish sentiment cannot be maintained indefinitely. I have written about the risks of major losses in the S&P 500 and other indices a number of times over recent months and I remain fully convinced that we are on the precipice of a market crash and/or a long-term bear market. See ‘VTI: Rising Inflation May Burst This 3-Sigma Bubble’ for my most recent article on U.S. stocks, or ‘SPX: Don’t Be Suckered In By ‘Low’ Forward P/E Ratios’ for my take on the S&P 500 in particular. That said, I do not think being long the ProShares Short S&P 500 ETF (NYSEARCA:SH) is a good way to take advantage of the upcoming equity weakness.
The Securities and Exchange Commission (SEC) is dragging its feet in deciding whether it should approve the listing of a Bitcoin exchange-traded fund (ETF) proposed by VanEck Associates Group. While it is good to be cautious, speed and political decisiveness are equally important. Otherwise we risk the rise of a digital shadow finance industry.
(The Senate is expected to confirm Gary Gensler as the new chairman of the Securities and Exchange Commission on Wednesday, and crypto assets — including bitcoin — are likely high on his agenda.
Purpose Investments announced Friday morning that it has been cleared by Canadian securities regulators to launch Purpose Bitcoin ETF (BTCC), which is the first Bitcoin ETF in North America to gain regulatory approval, according to Bloomberg.
Over the last couple of weeks, the financial headlines have been dominated by market manipulation, GameStop, short squeezes, Reddit frenzies and other uncommon topics. A little perspective makes it easier to understand these events and how they should affect your investment strategy.
Launched on 12/20/2011, the VanEck Vectors Pharmaceutical ETF (PPH) is a passively managed exchange traded fund designed to provide a broad exposure to the Healthcare – Pharma segment of the equity market.