This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. U.S. futures are fairly flat, but there are plenty of green shoots. Europe’s energy stocks and crude prices continues to gain, as does Bitcoin. In the U.S., tech futures […]
Tag: S&P 500
GameStop futures rally again. Should investors worry?
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. U.S. futures are in the green on the back of strong results from Amazon and Alphabet’s Google yesterday. But, don’t look now: GameStop is up 11% in […]
GameStop plunges again as the retail rally fades
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. As we’ve learned from the meme-stonks trade, what goes up, must also come down. Gulp. Not only is GameStop in a tailspin, but traders are quickly unwinding […]
The Reddit brigade finds a new target in silver, and that sets off an unlikely rally
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Let’s spin the roulette wheel, and see what the Reddit brigade is targeting today… Yep, it’s silver. You may have seen #Silversqueeze trending on Twitter this weekend. Well, this […]
Retail traders storm back, pushing GameStop futures above $400—while the rest of the market sinks
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. It’s Friday. Let’s play a thought experiment: your we-the-people broker informs you: We’ve instituted a new rule: you cannot buy the hottest stocks on the market; you […]
The epic GameStop short squeeze continues to roil global markets—even Bitcoin is off
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. With the exception of the dollar, the screens are a blur of red this morning. Bitcoin, crude, gold, global stocks, U.S. futures—they’re all faltering. Not even Reddit bulls can […]
Forget Bitcoin—GameStop just topped $300 in pre-market trading
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Global stocks and U.S. futures are fairly quiet ahead of a busy day of corporate earnings from the likes of Apple, Tesla and Facebook. The big action again this […]
Stocks to watch under a Biden presidency
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. It’s official: Janet Yellen has been confirmed as the next Treasury Secretary, a familiar face for investors. Alas, U.S. futures are under pressure this morning ahead of a big […]
What the savvy investor can learn from the bonkers rally in GameStop shares
Good morning, Bull Sheeters. Tech stocks are leading the way this morning, sending U.S. futures mostly higher, and lifting global stocks, too. It’s a big earnings week for Big Tech with one half of the FAANGM sextet reporting in the coming days. In today’s essay, I look at the bubbly trade in penny and loss-making […]
Bitcoin bombs lower, touching the dreaded $30,000 range
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Happy Friday, Bull Sheeters. A risk-off mood has descended over markets as COVID worries intensify. From Tokyo to Frankfurt, there’s red on the screens, and U.S. futures aren’t doing much better. […]