The Magnificent 7 Stocks have supercharged the US Stock Market and sent the S&P, Dow Jones and Nasdaq to new record-breaking highs. Then the Crypto kicked the rally into the next gear! Bitcoin hit $72,000 and the chances are that the rally can continue for some time, because Black Rock is gobbling up Bitcoins faster than expected. The deluge of money flowing into the Black Rock ETF has now reached a whopping $10 Billion.
Halfway across the world in India, the option mania has gripped the nation, $4 Trillion Dollar worth of options have changed hands. According to a Wall Street Journal reporter based in India, the Meme Stock Mayhem that we experienced in comparison looks tame.
80% of the Option Trading is happening in India and 90% of investors who are betting are losing money to the house (Exchanges and Brokerage firms). Short Term Options are like Gambling, most of the investors are young, first-time investors caught up in the frenzy. The government should step in and ban the short-duration options.
The Hunt for the Next TOP 10 STOCKS Starts Right Now! @TOP10STOCKS https://twitter.com/top10stocks
Source: DailyStockDeals DailyStockShow www.OxBridgeResearch.com WSJ.
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