Category: Crazy

This Dow Stock Is Crazy Expensive – So of Course Robinhood Loves It
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This Dow Stock Is Crazy Expensive – So of Course Robinhood Loves It

Pfizer is the hottest stock on Robinhood over the past 24 hours. Positive news about a vaccine drove the Dow Jones component 5% higher on Wednesday. Robinhood traders might be too enthusiastic about Pfizer’s outlook. Robinhood traders are falling in love with Pfizer stock (NYSE: PFE). They started piling into the Dow Jones Industrial Average…

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3 Reasons It’s Not All That Crazy to Vote for Kanye West
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3 Reasons It’s Not All That Crazy to Vote for Kanye West

Kanye West is an imperfect presidential candidate, but he’s the best choice we’ve got. Unlike the other two options, the Atlanta rapper is young and doesn’t have a sketchy political track record. More importantly – he doesn’t have sexual misconduct allegations in his closet. Presidential hopeful Kanye West held his first campaign event in South…

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As Crazy as It Sounds, the Stock Market Will Hit New Record Highs This Year: Analyst
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As Crazy as It Sounds, the Stock Market Will Hit New Record Highs This Year: Analyst

Fundstrat’s Tom Lee thinks the S&P 500 will hit all-time highs by year-end. Massive stimulus and a sharp rebound in corporate earnings are driving stock prices higher. There is no better alternative to stocks, as bonds have meager yields. While many investors believe the stock market will crash soon, Fundstrat’s analyst Tom Lee is optimistic…

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Elon Musk Isn’t Crazy – He Just Timed the Housing Market Perfectly
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Elon Musk Isn’t Crazy – He Just Timed the Housing Market Perfectly

Elon Musk’s tweetstorm may have been bizarre, but not everything he said was completely inexplicable. That’s especially true of his decision to sell his two Los Angeles mansions. Both housing market trends and economist predictions suggest that he timed the sales perfectly. When Elon Musk abruptly announced on Twitter that he was selling “almost all”…

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Fed’s Crazy Rate Cut Creates One Big Stock Market Casualty
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Fed’s Crazy Rate Cut Creates One Big Stock Market Casualty

The Federal Reserve enacted an emergency rate cut Tuesday morning, triggering a volatile pump-and-dump in the stock market. Bank stocks were disproportionately affected over fears that plunging interest rates would eat away at margins. Rates are destined to return to zero so you shouldn’t believe the Fed when it tells you the economy is “strong.”…

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5 Crazy Numbers We Found in WeWork’s Horrorshow IPO
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5 Crazy Numbers We Found in WeWork’s Horrorshow IPO

WeWork revealed its IPO prospectus on Wednesday and we found some bizarre facts and figures inside. Source: ShutterstockBy CCN Markets: The prospect of a WeWork IPO was met with skepticism after the official S-1 filing to the SEC revealed some extravagant facts and figures about the company and its CEO. Here are 5 interesting numbers…

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