Waffle11
2021-06-07
To the moon! Diamond hands !
AMC, Other Stonk Investors Should Watch For This Key Catalyst In Week Ahead, Says Analyst
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Diamond hands !","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/114642432","repostId":1146642366,"repostType":2,"repost":{"id":"1146642366","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623072378,"share":"https://www.laohu8.com/m/news/1146642366?lang=&edition=full","pubTime":"2021-06-07 21:26","market":"us","language":"en","title":"AMC, Other Stonk Investors Should Watch For This Key Catalyst In Week Ahead, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1146642366","media":"Benzinga","summary":"Investors in Reddit-favorite stocks such asAMC Entertainment Holdings Inc.AMC 0.19%,BlackBerry Limit","content":"<p>Investors in Reddit-favorite stocks such as<b>AMC Entertainment Holdings Inc.</b>AMC 0.19%,<b>BlackBerry Limited</b>BB,<b>GameStop Corp.</b>GME 0.09%and<b>Bed Bath & Beyond Inc.</b>BBBYshould focus on the upcoming inflation data that will be published this week, according to an analyst.</p>\n<p><b>What Happened</b>: Steve Massocca, managing director at Wedbush Securities,toldCNBC that investors in the so-called stonks, or shares favored by the retail crowd, must focus on May’s consumer price index (CPI) that will be reported Thursday.</p>\n<p>The CPI data could be a catalyst for the U.S. Federal Reserve to reverse its easy monetary policy. The Fed’s next monetary policy meeting is scheduled for June 15-June 16.</p>\n<p>Noting that the market looks too expensive, Massocca said that while the retail trading mania is just one sign, a hawkish comment from the Fed could also trigger a sell-off. He believes the market is setting up for a 7% to 10% pullback at some point.</p>\n<p>“Who knows what starts it. ... One of the candidates very likely will be some kind of reductions in monetary policy,” the analyst reportedly said.</p>\n<p>Dan Niles, the founder of Satori Fund, was quoted as saying that he is staying away from stocks that are heavily sought by retail investors or stocks that have large short interest and are targeted by Wall Street.</p>\n<p><b>Why It Matters</b>: Ahead of a fresh trading week, it was reported on Sunday that Blackberry and AMC Entertainmentwere the most-mentioned stockson the Reddit investor forum r/WallStreetBets, or WSB, over a seven-day period.</p>\n<p>Strategists fear that the retail trading frenzy is the sign of a bubble building in the stock market. Shares of stonks have surged in recent days as retail investors pile into these stocks and attempt a new short squeeze.</p>\n<p>AMC has skyrocketed a whopping 2,159.9% since the year began, while GameStop’s year-to-date gains stand at 1,218.3%. BlackBerry has shot up 109% in the same period.</p>\n<p>AMC Entertainment’svaluationshot past GameStop last week amid increasing interest in the stonks.</p>\n<p><b>Price Action</b>: AMC Entertainment shares closed almost 6.7% lower in Friday’s trading at $47.91, while GameStop shares fell 3.8% to close at $248.36.</p>\n<p>BlackBerry shares closed 12.7% lower in Friday’s trading at $13.86 and Bed Bath & Beyond shares declined 0.6% to close at $31.71.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC, Other Stonk Investors Should Watch For This Key Catalyst In Week Ahead, Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC, Other Stonk Investors Should Watch For This Key Catalyst In Week Ahead, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-07 21:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Investors in Reddit-favorite stocks such as<b>AMC Entertainment Holdings Inc.</b>AMC 0.19%,<b>BlackBerry Limited</b>BB,<b>GameStop Corp.</b>GME 0.09%and<b>Bed Bath & Beyond Inc.</b>BBBYshould focus on the upcoming inflation data that will be published this week, according to an analyst.</p>\n<p><b>What Happened</b>: Steve Massocca, managing director at Wedbush Securities,toldCNBC that investors in the so-called stonks, or shares favored by the retail crowd, must focus on May’s consumer price index (CPI) that will be reported Thursday.</p>\n<p>The CPI data could be a catalyst for the U.S. Federal Reserve to reverse its easy monetary policy. The Fed’s next monetary policy meeting is scheduled for June 15-June 16.</p>\n<p>Noting that the market looks too expensive, Massocca said that while the retail trading mania is just one sign, a hawkish comment from the Fed could also trigger a sell-off. He believes the market is setting up for a 7% to 10% pullback at some point.</p>\n<p>“Who knows what starts it. ... One of the candidates very likely will be some kind of reductions in monetary policy,” the analyst reportedly said.</p>\n<p>Dan Niles, the founder of Satori Fund, was quoted as saying that he is staying away from stocks that are heavily sought by retail investors or stocks that have large short interest and are targeted by Wall Street.</p>\n<p><b>Why It Matters</b>: Ahead of a fresh trading week, it was reported on Sunday that Blackberry and AMC Entertainmentwere the most-mentioned stockson the Reddit investor forum r/WallStreetBets, or WSB, over a seven-day period.</p>\n<p>Strategists fear that the retail trading frenzy is the sign of a bubble building in the stock market. Shares of stonks have surged in recent days as retail investors pile into these stocks and attempt a new short squeeze.</p>\n<p>AMC has skyrocketed a whopping 2,159.9% since the year began, while GameStop’s year-to-date gains stand at 1,218.3%. BlackBerry has shot up 109% in the same period.</p>\n<p>AMC Entertainment’svaluationshot past GameStop last week amid increasing interest in the stonks.</p>\n<p><b>Price Action</b>: AMC Entertainment shares closed almost 6.7% lower in Friday’s trading at $47.91, while GameStop shares fell 3.8% to close at $248.36.</p>\n<p>BlackBerry shares closed 12.7% lower in Friday’s trading at $13.86 and Bed Bath & Beyond shares declined 0.6% to close at $31.71.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146642366","content_text":"Investors in Reddit-favorite stocks such asAMC Entertainment Holdings Inc.AMC 0.19%,BlackBerry LimitedBB,GameStop Corp.GME 0.09%andBed Bath & Beyond Inc.BBBYshould focus on the upcoming inflation data that will be published this week, according to an analyst.\nWhat Happened: Steve Massocca, managing director at Wedbush Securities,toldCNBC that investors in the so-called stonks, or shares favored by the retail crowd, must focus on May’s consumer price index (CPI) that will be reported Thursday.\nThe CPI data could be a catalyst for the U.S. Federal Reserve to reverse its easy monetary policy. The Fed’s next monetary policy meeting is scheduled for June 15-June 16.\nNoting that the market looks too expensive, Massocca said that while the retail trading mania is just one sign, a hawkish comment from the Fed could also trigger a sell-off. He believes the market is setting up for a 7% to 10% pullback at some point.\n“Who knows what starts it. ... One of the candidates very likely will be some kind of reductions in monetary policy,” the analyst reportedly said.\nDan Niles, the founder of Satori Fund, was quoted as saying that he is staying away from stocks that are heavily sought by retail investors or stocks that have large short interest and are targeted by Wall Street.\nWhy It Matters: Ahead of a fresh trading week, it was reported on Sunday that Blackberry and AMC Entertainmentwere the most-mentioned stockson the Reddit investor forum r/WallStreetBets, or WSB, over a seven-day period.\nStrategists fear that the retail trading frenzy is the sign of a bubble building in the stock market. Shares of stonks have surged in recent days as retail investors pile into these stocks and attempt a new short squeeze.\nAMC has skyrocketed a whopping 2,159.9% since the year began, while GameStop’s year-to-date gains stand at 1,218.3%. BlackBerry has shot up 109% in the same period.\nAMC Entertainment’svaluationshot past GameStop last week amid increasing interest in the stonks.\nPrice Action: AMC Entertainment shares closed almost 6.7% lower in Friday’s trading at $47.91, while GameStop shares fell 3.8% to close at $248.36.\nBlackBerry shares closed 12.7% lower in Friday’s trading at $13.86 and Bed Bath & Beyond shares declined 0.6% to close at $31.71.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":23,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/114642432"}
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