Top Stories
Stories in Trader that you’ll love, handpicked by our team.
How I Lost $2,000 Banking On Baby Yoda
Perpetual Stock Watching So we start from the beginning with a little bit of context. I am fresh out of University, newly graduated, navigating the world of career searches and financial burden. A few friends and I would be having our weekly stock market discussion, which by then had basically become scripted…
Rhys McIntyrePublished 6 days ago in Trader
10 High Growth Stocks Down 30%+ To Buy NOW!
After months of high flying growth stocks setting new all-time highs, we have finally seen valuations come down for many stocks, specifically ones in the Nasdaq. Like many predicted, funds and institutional investors alike have flooded back into the safe, defensive stocks in the Dow Jones Industrial Average (DJIA), and out of tech stocks in the Nasdaq. Just yesterday, the DJIA was up 306.14 points (0.97%), while the Nasdaq was down 310.99 points (-2.41%). This sort of 'breather' was much needed for the Nasdaq, which has seen almost 100% return since the lows in March of 2020.
RexFinancePublished about a month ago in TraderWhy I Own CRTD Stock
I heard a quote once from Nate Obrien, a personal finance videographer, that went like this: "If you invest in a company, you are saying the market price is wrong."
The Forgotten SPAC Stock
SPACs, or Special Purpose Acquisition Companies have been very popular among retail investors. After all, they've seemed like a foolproof way to make money. Although a bad example after they were discovered to be fraudulent, Nikola Motors (NKLA Stock) brought the frenzy to SPAC investing. They also caused a slew of investors to pile into electric vehicle (EV) stocks. Shift Technologies (SFT Stock) came before Nikola's time, so they missed out on the SPAC hype. I believe this has presented a great buying opportunity for the company.
RexFinancePublished 2 months ago in TraderHow Groupthink and FOMO Influenced GameStop
Imagine you are in a cattle chute with thousands of people. Everyone is pushing forward. Some look worried. Others are excited. You are not sure what you are doing. You can barely see, but it seems like the people in the far distance are disappearing into thin air. This starts to worry you, but you ignore your concerns. Wouldn’t they come back if something was wrong? Why would so many people be behind you if this wasn’t a good idea? As you move forward, you pass by doors that look more appealing, but instead, you continue pressing forward with everyone else. Everyone is saying "keep moving" and you don't want to miss out. You get to the end and…
Is This Penny Stock Set To Rocket Higher?
In a market where about any stock has at least doubled your investment over the past year, it's easy to get euphoria. There are so-called "experts" popping up every day. Some are legit, while the majority will fade away after a market crash or correction.
RexFinancePublished 2 months ago in Trader
CleanSpark Reports Another Record Breaking Quarter
CleanSpark Inc. (NASDAQ:CLSK) reported Q1 earnings before the bell this morning. Revenue more than doubled year-over-year, to $2.3 million. This was all done in a cyclically dry season for the microgrid industry, paired with COVID-19 restrictions. Historically, the months of October, November, and December only attribute about 10% of yearly revenues for the company. The company's current backlog sits at $7.3 million, up from a mere $800 thousand at the end of 2020. In addition, CleanSpark's current proposal pipeline sits at $25 million.
RexFinancePublished 2 months ago in Trader
CRTD Stock (Vocal's Founder)
It's no secret that this platform (Vocal) has grown immensely over the past several years. Why not take a stake in Vocal's owner "Creatd" by investing in their stock directly?
RexFinancePublished 2 months ago in TraderHedge Funds, Reddit, and GameStop: is Fintech democratizing Finance?
Quite a fascinating story that unfolded over the past weeks. A finance drama from films like The Big Short. David vs Goliath in the trading world with a “Rich against poor” vibe. An amazing saga to start 2021. Here is a quick recap if you have not followed. Which is particularly hard since everybody is talking about it. Also, why it actually matters for fintech. In a nutshell, a group on the social media platform Reddit is taking on hedge funds. It is called WallStreetBets, and it is not a couple of guys in their moms' basement. More like 6 million retail investors.
Fintech ReviewPublished 2 months ago in TraderFunding my IB Account by Writing
I do a decent amount of investing. And I'll look into any service that streamlines the process. I recently decided to start a new experiment and I wanted to tell my readers a little about it.
Daniel GoldmanPublished 11 months ago in Trader
A Microcap's Guide to Uplisting
Statistically, most microcap OTCQB companies fail. Only the great ones don’t and only the very best ones make it to a higher national exchange.
Jeremy FrommerPublished about a year ago in Trader
Becoming Wealthy
When we work with clients, we say that we help with Wealth Formulation. But why should you "Formulate" your wealth? What does this mean?
Isaiah GoodmanPublished about a year ago in Trader
