The Curious Case of the GameStop Short Squeeze
Written by Briton RylePosted February 1, 2021GameStop's financials are so bad, it is considered a slam-dunk short opportunity. That is until a small army of millennial traders emerged from the dark corners of Reddit and made a truly historic Wall Street bet...
GameStop ($GME) Proved the Market Is RIGGED
Written by Jason WilliamsPosted January 29, 2021Several stock trading platforms have placed restrictions on the purchase of GameStop shares and other "meme stocks." Wealth Daily editor Jason Williams discusses one of the most epic short squeezes in recent memory and what happens next...
When Shorting Stocks goes All Wrong
Written by Briton RylePosted January 27, 2021When Elon Musk tweeted #GAMESTONK, he knew what he was doing.
What's Going on With All These SPACs?
Written by Monica SavagliaPosted January 26, 2021SPACs are surging in 2021. Having raised over $82 billion in 2020, that number could be surpassed this year. Less than a month into 2021 and there have already been 59 SPACs. That is the total number of SPACs that occurred in all of 2019. But is that a good thing?
The Return of the Story Stocks
Written by Jason WilliamsPosted January 22, 2021Fundamentals don’t matter anymore. Profits don’t either. In this market, all you need is a good story and a captive audience, and you’ll make a killing.
No, Karen. Bitcoin Won't Protect You From the IRS
Written by Alex KoyfmanPosted January 21, 2021In attempting to dispel some of the myths concerning this decade's most controversial and least understood technological trend, let's start by getting the biggest, and potentially most dangerous, lie out of the way. Bitcoin will not save you from the IRS.
Better Than Bitcoin
Written by Jason WilliamsPosted January 20, 2021If you’re getting FOMO and thinking about buying Bitcoin, editor Jason Williams has a much better strategy to help you protect your assets and grow your wealth in 2021.
Coinbase Prepares to Go Public
Written by Monica SavagliaPosted January 19, 2021Back in December 2020, the digital currency exchange company Coinbase announced it had confidentially filed with the SEC to go public. The company’s IPO could happen in early 2021. As 2020’s IPO market momentum continues into 2021, this could be great news for Coinbase and its market debut.
Roth Over Robinhood
Written by Jason WilliamsPosted January 15, 2021Editor Jason Williams doesn't want you to make the same mistake millions of investors are making right now. Here is everything you need to know about investing in a tax-advantaged account versus a regular brokerage account.
Richest Guy in the World Still Refuses to Accept Reality
Written by Alex KoyfmanPosted January 14, 2021As of this morning, Elon Musk is the richest man in the world — for the second time. Barring a meltdown at Tesla, Elon Musk is probably going to be the richest man in the world, by a strong margin, for years to come. However, if the Tesla CEO doesn't accept this electric vehicle reality, that could all change soon...
Careful What You Ask For
Written by Briton RylePosted January 13, 2021The simple fact is: The UPS and DOWNS of the stock market is another sales job. The reality is the stock market is mostly up, with brief, fleeting periods of down. And editor Briton Ryle will tell you why this is true now and why it will remain true in the future.
Could the Oat Milk Giant Oatly Go Public?
Written by Monica SavagliaPosted January 12, 2021A recent market research report from Meticulous Market Research indicates that the plant-based food products market is expected to reach $74.2 billion by 2027. This emerging market has seen blockbuster IPOs like Beyond Meat (NASDAQ: BYND) back in 2019. Now in 2021, investors are getting excited about the potential public debut of oat milk giant Oatly.
All Come to Look for America
Written by Briton RylePosted January 11, 2021Federal Reserve Chairman Jerome Powell has already told us he doesn't care about inflation. Could he be putting it off on the next Fed chair as well as the American people? If that's the case, here's what it could mean for investors...
When the Music Stops and the Bubble Pops
Written by Jason WilliamsPosted January 8, 2021Editor Jason Williams sees the signs of a late-stage bubble all around. He wants you to be prepared for when the music stops playing for this bull market. Here's how...
Elon Musk Hates Hydrogen Fuel Cells... but It's Not Why You Think
Written by Alex KoyfmanPosted January 7, 2021Elon Musk has publicly referred to hydrogen fuel cell technology as "staggeringly dumb," but the tech has been proving its worth for decades. These days, it's the target of massive investment across the globe and is a major component of Biden's proposed $2 trillion clean energy plan.