Jeff Bezos Stepping Down As Amazon CEO "the groundhog just saw his shadow which means six more weeks of winter. "
THE groundhog? If we're talking prognosticators, shouldn't we go with the better track record?
It turns out Staten Island Chuck is, on the whole, more reliable than Phil of Punxsutawny, if you look at the past years data:
How Often Are Our Local Groundhogs Right?
Based on 24 predictions since 1992, as measured against data from the National Climate Data Center
[Bar Chart] Punxsutawney Phil 43% Staten Island Chuck 65%
https://gothamist.com/arts-entertainment/data-staten-island-chuck-or-punxsutawny-phil-which-groundhog-is-historically-more-accurate"Staten Island Chuck claimed that spring is imminent." But there are allegations of fake news: "Chuck's prognostication was suspiciously made in a pre-taped Staten Island Zoo video."
Since this is an investing site and predictions seem to be the subject, one must consider the Super Bowl indicator. Clearly the Chiefs represent the AFC. But what about the Buccaneers? For its first season the team was in the AFC. Does that mean it's a sure bet that the market will fall this year (since there's arguably no team originally from the NFC)?
Not so fast. The accuracy of this indicator goes down as attendance declines. With the pandemic, attendance (excluding cutouts) will be the
lowest ever.
https://www.thestreet.com/investing/does-the-super-bowl-indicator-workLies, darn lies, and statistics.
Small Caps GME was DOWN a whopping 60% today BUT MSSMX was UP 2.05%.
So GME could have been part of the cause of yesterday's fractionally DOWN day. If it was though, it would seem likely then that GME was sold yesterday as MSSMX did not have the same price action today on an even steeper GME drop.
That's a WAG at best given the dated port holdings and that alone causing me to NOT take a deep dive under the hood. For me at least, it is what it is on this one.
I did tip off my allocation today so I am strapped in for at least a couple of months while planning to hold LT. Either way, expecting a WILD ride.
Elwood: It's 106 miles to Chicago, we've got a full tank of gas, half a pack of cigarettes, it's dark and we're wearing sunglasses.
Jake: Hit it!
Jeff Bezos Stepping Down As Amazon CEO Given that he’s assuming the Chairman title and still retains over 10% of the stock, it should not impact the stock one bit. Not one bit.
Actually... something even more impactful... the groundhog just saw his shadow which means six more weeks of winter.
Lynn Bolin commentary Thank you so much for the kind words. I generally write two articles per month. The one on Seeking Alpha comes about a week into the month and covers fund updates for the previous month using MFO. I write an article for MFO for their monthly newsletter on topics that I have researched over the past month(s).
I developed the methods to analyze trending funds over the past couple of months. It was fun and informative. Nothing as exciting as Gamestop, though. Investing should be boring, in my opinion.
Best Wishes for a Safe and Prosperous 2021!
Jeff Bezos Stepping Down As Amazon CEO
So it Really Isn't Free...Understanding PFOP Josh Brown explains things entertainingly:

So it Really Isn't Free...Understanding PFOP I have not checked other firms; but the following is a standard footnote for other information at Fidelity, aside from what may be in a prospectus for a particular investment.
Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal).
Reddit traders are helping to inflate a bond bubble: Ark's Cathie Wood While some deep value and/or companies with too much debt may be impacted by some form of Reddit inspired trading; unless the bond market place becomes overwhelmed by bond slayers, I'm not concerned about potential impact; with the exception of pockets of disruption in some single issues that are junk or borderline corporate junk. I'm not saying these companies do not exist, they surely do. A Reddit traders big test would be to go after Ford or a similar company with a lot of debt, to discover their power OR not.
Estimated global bond value as of August, 2020 is
$128.3 Trillion. My 2 cents worth.
Catch
Reddit traders are helping to inflate a bond bubble: Ark's Cathie Wood This I find harder to believe because the bond market is a large institutional one. It seems like an easy target to blame Reddit. I also suspect "Reddit traders" aren't all really Reddit traders. How easy would it be for any institutional money manager to create a Reddit account and pump and dump any security? Some of the trades during the GameStop runup exceeded 10,000 shares. That's no mom and pop "Reddit trader."