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Thursday, February 4, 2021

What's the impacts of meme stocks mania?

https://www.bloombergquint.com/markets/hedge-funds-fighting-short-raids-now-getting-hit-on-bullish-bets

The recent meme stocks mania has significant impacts on the financial market.


The short sellers (Hedge funds) have lost about US$71B in this meme stock mania and this huge loss forces them to sell profitable investments to cover their losses.  The hedge funds are cutting back as shown by the 2 contrasting charts above.

1 comment:

Unknown said...

It's a non-issue. Already yesterday's news.

When this current bull matures in 6-8 years time, you will see this retail mania across the entire markets & will likely see STI go up 100+% in 6 months in an orgasmic global blowoff top.

Great Depression 2.0 is coming, but not yet...