The Volatile Marketplace, Robinhood, Game Stop and WSB. What is it all about? #130


Manage episode 283855668 series 2167961
By Savii Digital. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

These are very interesting times, and whether you are into the stock or crypto markets or not, you need to know what is going on. With retail traders pushing GameStop and other stocks like AMC to record highs, investing app Robinhood temporarily restricted trades, a move which many think is more than questionable, and unethical.

Enter stage right, WSB or WallStreetBets, the online forum on Reddit with an army of traders, who have over the past week rallied to defend the underdog companies such as Gamestop and AMC, defeating hedge funds that had bet the shares would fall by selling them short in a stunning reversal of financial power gripping Wall Street. And now, the WSB army is boosting Silver, making this precious metal the new GameStop. With markets going crazy, and words like 'market manipulation' being thrown around, now is the time to learn and understand everything you can.

Join Aviva Õunap, host of the Crypto and Blockchain talk, as she discusses this movement with world-class trader Rob Levy, President of together they will look at this fracas in the market and explain why it is an interesting time to be alive!

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159 episodes