Starting off another week here with some great top links! I hope everybody had a great weekend. Despite getting SNOWED out in Colorado, and only having played 11 games so far, the Mets are in first place! So for now, I will enjoy that!
Here’s what I’ve been reading this morning:
‘The ‘Silly Stage’ of Day Trading’ – Mullooly Asset Podcast
- In this week’s podcast, the guys discuss a few stories that confirm we have reached the ‘silly stage’ of day trading stocks. From a deli in New Jersey with a market cap of $100 million, to tax problems for Robinhood users, the day trading boom is reaching new heights. The guys focus in on some lessons for people to pull away from the chaos.’
‘It Gets Harder From Here’ – Michael Batnick – The Irrelevant Investor
- Showing the year over year change of the S&P 500 going back through the 1950’s, Michael illustrates how we have never had a one year rally like this before. He’s not making a market call, but rather tells investors to check their egos moving forward.
‘The Craziest Market I’ve Ever Seen’ – Nick Maggiulli – Of Dollars and Data
- Similar to myself, Nick was too young to invest through the Dot Com bubble. However, he feels like he finally understands it. He writes about how this market environment makes absolutely no sense to him, and explains why.
- It’s been a year since aid from the federal government began due to the COVID-19 pandemic. This article takes a look at what pandemic aid programs could continue into the future and what that might look like.
ENJOY!
