US equities and European stocks slide due to volatile retail trader speculations and cash squeeze in China. Global stock market is set for the worst weekly slide since Nov. This is partly amid the day trading chaos on the like of GameStop and AMC, and trading platform strains. Some investors think we should by this dip. Robinhood and a large set of trading platforms based off major banks in north America prevented investors to buy GameStop and AMC, since Wed. I personally wasn't able to buy AMC with one of the top five banks; I even tried to purchase it with 15% over asking but it wasn't going through. It seems that Wall Street became so worried about Reddit's rebellion against it's investments that had to block everyone. So much as for Democracy! Prices of precious metals moved higher due to the trading platform restrictions. Bitcoin spiked 20% too, partly because of Musk adding it to his bio on Twitter.  While Robinhood prevented Bitcoin transactions too, CoinBase an...

Dow Jones and S&P were trading lower, earlier this morning, until American Airlines, Comcast and McDonald's pre-market jumped higher. However, equity markets are ropping lower due to weaker than expected tech earnings. American Airlines surged 80% pre-market due to better than expected Q4 earnings. The main events of the week, fueled by Reddit, seems to have more room to stay in the play. GameStop surged another 40% in the pre-market while AMC is to issue 44.4 million shares as investors have chosen to convert $600 million of convertible debt. 

 Stock futures are trading lower today mainly due to earning reports from big tech companies and the outcome of the first Federal Reserve's policy meeting of the year.  GameStop soared 110% in the pre-market, continuing its mind blowing rally. Although their quarterly results were down but they started the year at $20 and they surpassed $300 this morning. Shares of AMC are following the same path with more than 200% jump in the pre-market. Such rallies are amid heavy sells in the Wall Street. While Regeneron vaccine reported positive outcome on the Covid mutation, AstraZeneca announced that a bomb disposal unit was called at their production spot. Boing revenue continued to be lower on year to year basis, with a 24% drop ($58 billion in revenue) in 2020 compared to 2019. Keep smiling and stay charitable.

 Global stocks are mixed today as the focus is on the Q4 earning, however, the stimulus talks could be postponed to Mar as the senate is more focused on Trump's impeachment.  While Covid cases surpassed 100 million worldwide, AstraZeneca reported ineffective in the elderly. The International Monetary Fund increased its global growth projection with the hope to see lower level of Covid cases by the end of the year. BlackBerry soared nearly 30% yesterday due to its new deal with AWS regarding intra-cloud software program for vehicles and because it won a patent fight with Facebook. Etsy jumped nearly 5% in the premarket because Elon Musk said he loves it, lol. GameStop surpassed $150 on monday, it was $17 on Jan 4th. Keep smiling and stay charitable.

 Stock futures are mixed today with DOW dropping around 100 pints and others earning a small percentage. EU is mostly down due to new travel restrictions. Although Covid cases and jobless claims are still on the rise but it seems the news is trying to keep the market into the bubble with little pieces of news. For instance, vaccine providers are having production challenges but we see news about them being able to handle the new strain. Or, it's been a few month that the market is on steroids  (stimulus package DISCUSSIONS) but the authorized amount is really disappointing. And the major positive news is that, Q4 results are beating expectations while the stock market should grow based on future hope not the past really (otherwise it's still bearish). Shell has invested in electrical charging points by acquiring Ubitricity, to become net zero emission by 2050, lol.  We can agree that there is a bubble at least in a portion of the market. For instance, electric cars or com...

 Stock futures are lower across the board in the US and mostly around the globe.  Biden puts freeze on federal fossil fuel leases, as promised. Apple is working on a VR/AR headset that could be hitting the market in 2022; and it will be expensive! The market has been hitting record highs for a while. A correction is required, and when it comes it could sweep all recent gains. So I suggest you to pull your profits now. Let me know what you think. Keep smiling and stay charitable.

 On Wed all major indexes hit another record high, a trend that is going to be followed today globally.  Initial weekly jobless claims are slightly better than last week but still on the rise.  Bitcoin lost another 8% from the record high $42k to nearly $33k. However, Bitcoin giants are investing long term in this crypto currency.

 US equities and futures are higher along with the European stocks due to better than expected Q4 earning and a hope of Biden driven stimulus package. Dow is higher due to the inauguration and Nasdaq is driven up by Netflix. However, dollar and treasuries are a bit lower. Netflix shares are 14% higher in the premarket which could lead to a record high open. Although their earnings had shortcomings but they have beaten the subscriber expectation by a lot in the Q4, specially with the increase in the fees. This shows that their global penetration has more room than it was anticipated. Pfitzer's vaccine was shown to be effective against the British strain, B117. However, Italy is planning to sue them for delays, while other countries like Canada are also anxious about not receiving the expected package next week. Alibab's shares are 8% higher after Jack Ma showed his face in nearly 3 months.  ByteDance launched mobile payment for Douyin, Chinese TikTok.  Today is Biden's ina...

US treasury yeilds and stock futures are positive this morning. The major uplift behind this is around Janet Yellen's hearing who will address the senate about maximizing the stimulus package. Current situation is just postponing the recession.  Another driving factor for the market is the higher than expected Q4 results being published which will be stock market positive, at least for a while. Keep smiling and stay charitable.

 Oil prices are under pressure due to new regulations on Covid from the UK regarding travel bans and also US is adding rigs for 8 consecutive weeks. The administration change in the US has kept Dollar on top of Euro for the past five weeks. There is a hope that the new admin will set the path for lower Covid impacts, while Pfitzer has some setbacks. The daily Covid cases in the US is a bit lower than expected but predicting half a milion death by mid Feb. Tesla started delivering model Y made in China to the Chinese. Big tech companies are aligned to assist the inauguration to go peacefully on the 20th. FB is banning gun sale ads, Amazon has stopped hosting white supremest websites on AWS and Airbnb canceled all rentals in Washington. Keep smiling and stay charitable.