‘Momentum Works Till it Doesn’t’
‘Momentum Works Till it Doesn’t’
The casino is open, no age limit or skill necessary
While this market may not be the looney land of 2021, make no mistake that the casino’s doors are wide open, with no skill necessary.
Nothing said it better than a story the other day in the Wall Street Journal headlined, “How I Got Hooked on the hottest Trade in Markets – and Bagged a 2,200% Return,” with the subhead...
A WSJ reporter tried her hand at trading the explosive short-dated options bets that have made financial markets riskier than ever
That reporter, Gunjan Banerji, went on to write...
There’s a hot new trade on Wall Street, blurring the line between investing and gambling like never before.
It involves contracts known as short-dated options, bets on everything from individual stocks to indexes that run for just a few days, or in some cases mere hours.
Part of their appeal, and risk, is that the contracts can be like placing chips at a roulette table, or buying a scratch-off lottery ticket. There is the potential for huge, nearly instantaneous gains, or the loss of…