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WHAT'S TRENDING RIGHT NOW?
EVENT 1:
GAMESTOP, THE RETAIL INVESTOR REVOLUTION
Mainly attributed to a coordinated effort by the Reddit community (A Forum website) and the wallstreetbets subforum, GameStop's share rice resulted in a 1,500 per cent increase in January 2021 (From close to USD 17 to 325).
Basically, many, many, many average Joe's were discussing that several hedge funds were shorting the stock (A trade in which they've bet against the company's performance, it would be the opposite of buying the stock). The Reddit community took action to "preserve" the company's share price and started buying the stock massively, which made the price skyrocket and moved against the hedge funds. This movement is called a "short squeeze". Elon Musk tweet "Gamestonk!" triggered a subsequent jump in after-hours trading.
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EVENT 2:
CORONAVIRUS, VACCINES AND THE "NEW NORMALITY"
The world has changed. The 21st century pandemic has had the world on edge, and it probably will for a long time.
Which instruments will provide the most volatility during these days and which trading platform to use?
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