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Dow drops more than 600 points for its worst day since October, S&P 500 goes red for the year

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You know some of it has to do with the GME war going on right now if you've been watching that all sorts of crazy over this month. Even hubby wanted to jump in, and I had to hold him back.

 

Edited by yuna628

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2 hours ago, yuna628 said:

You know some of it has to do with the GME war going on right now if you've been watching that all sorts of crazy over this month. Even hubby wanted to jump in, and I had to hold him back.

 

Too bad he didn’t buy ion January 2.  As @jskibo said, AMC is also climbing, and a few hedge funds with big short positions are getting hit hard.

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3 hours ago, Nature Boy 2.0 said:

I am up for the year, not sure who indexes off the Dow.

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1 minute ago, CanAm1980 said:

I am up for the year, not sure who indexes off the Dow.

I was up double digits on all my funds for last year

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3 hours ago, yuna628 said:

You know some of it has to do with the GME war going on right now if you've been watching that all sorts of crazy over this month. Even hubby wanted to jump in, and I had to hold him back.

 

I was thinking about it as well. But then I started seeing that the man going against the people going hard on GME/AMC.

 

They are talking about wanting regulation for stuff like this

Edited by Cyberfx1024
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5 hours ago, yuna628 said:

You know some of it has to do with the GME war going on right now if you've been watching that all sorts of crazy over this month. Even hubby wanted to jump in, and I had to hold him back.

 

Smart woman.

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1 hour ago, Burnt Reynolds said:

:rofl:😂😭🤣

 

:pop:

 

 

 

 

 

923SmRG.png

 

AsYjUMH.png

It was interesting, the first thought that came into my mind when I saw this story was the scene from Trading Places.

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Robinhood clients say platform has removed GameStop and AMC, and is only allowing holders to sell

Ben Winck
Jan. 28, 2021, 08:54 AM
 
 

The move comes after traders organizing on Reddit furiously bid up the shares in an unprecedented short squeeze.

Ben Gilbert/Business Insider

  • Robinhood removed GameStop, AMC, BlackBerry, and Nokia from its trading platform before the market opened on Thursday.
  • The brokerage told clients they can still close out positions in the volatile stocks but cannot buy more shares.
  • The move comes after traders organizing on Reddit forums furiously bid up the shares in an unprecedented short squeeze.

https://markets.businessinsider.com/news/stocks/robinhood-removes-gamestop-amc-reddit-wallstreetbets-fueled-stock-rally-gme-2021-1-1030015292

Edited by CanAm1980
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