Stories in Trader that you’ll love, handpicked by our team.
Why 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.
How 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.
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.
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?
Hedge 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.
Funding 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.
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.
When we work with clients, we say that we help with Wealth Formulation. But why should you "Formulate" your wealth? What does this mean?
Yield Curve Inversions and What It Could Mean for Your Portfolio
If you’ve been a follower of financial news you have been hearing about all this talk about the so-called yield curve. In fact, it was fears of a yield curve inversion that have sent the Dow and S&P 500 indices tumbling from their recent highs just before the New Year.
10 Best Investing Books for Teens
Today's teens are expected to know what they want to do with the rest of their lives by the time they graduate high school. Consequently, many strive for the highest paying job possible. But this doesn't have to be the case. If we teach teens to invest early, they can build enough of a nest egg before adult life kicks into full gear that they'll be more comfortable choosing a career for passion rather than income. Whether you're a teen looking to get started early or an adult striving to guide someone younger in your life, the best investing books for teens can help any up-and-coming investor take their allowance and turn it into long-term gains.