FlowBank

1133 days ago

Options: will GameStop ever ''Stop'' ?

The most-active option traded on the stock Thursday was a contract betting that GameStop shares would spike to $800 on Friday. Some 52,000 contracts changed hands during the session betting on this one-day gain of 636% For other options traders, it was a question of when GameStop would hit the $800 mark, not if. The seventh and eighth most-active contracts were call options wagering that the stock would reach $800 by next Friday or in three weeks. It’s hard to say whether the contracts were mainly bought or sold, two traders said.

#Stocks

1133 days ago

Endocannabinoid biotech firms gain from cannabis surge

Drugmakers that target the endocannabinoid system -- which is believed to play a key role in regulating body weight and controlling energy balance -- have skyrocketed in 2021. While those biotechs wouldn’t necessarily benefit from any legislative push for the pot industry, analysts say the stocks have jumped on the idea that they would be associated somehow with cannabis. And they are not. Tilray, Sundial Growers , Corbus, Artelo, Zynerba. Source: Bloomberg

#Stocks #Technology

1133 days ago

Growth vs. Value is breaking down from 6-month consolidation

There seems to be a long term top forming in the relative price chart of the Russell 1000 Growth vs. Russell 1000 Value

#Stocks #Macro
Growth vs. Value is breaking down from a decade-long uptrend

1134 days ago

Abrupt outflows from US corporates and treasuries

Evacuate the bond vessel ! Investors are moving their money to equity and ETF, moving away from bonds. We're seeing outflow spikes in the recent days. 

#Stocks #Bonds
Abrupt outflows from US corporates and treasuries

1134 days ago

Who has not joined the club yet?

Reddit subgroup Wallstreetbets is nearing the 10 million members, from less than half a million at the beginning of 2020. Will it grow even more and weight even heavier on markets?

#Stocks
Who has not joined the club yet?
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