Author: tremendousblog
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The state of Texas lifted its mask mandate recently. As if this dangerous policy weren’t enough, it is now suing the city of Austin for choosing to keep a mandate and protect its citizens: The Attorney General for Texas is suing officials in Austin after they refused to enforce an…
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The US government is selling its bitcoin…all $38,000 worth: Tucked away among the Ford, Dodge and Chevy sedans, the 12,000-gallon storage container and the inoperable Caterpillar tractor being auctioned off by the U.S. government is an unusual item: 0.7501 of a Bitcoin. The federal government did not reveal the source…
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For many years, investors in stocks have been able to see how volatile the market is expected to be by relying on a gauge called the CBOE Volatility Index, or VIX. This measure, often called the “fear gauge,” reads how much volatility investors are expecting based on option prices. Nothing…
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If you’ve been vaccinated for COVID, can you finally take off the mask? Early data from Israel says yes: Pfizer Inc and BioNTech SE said on Wednesday that real-world data from Israel suggests that their COVID-19 vaccine is 94% effective in preventing asymptomatic infections, meaning the vaccine could significantly reduce…
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On November 15, 2017, the painting Salvator Mundi by Leonardo da Vinci sold for a $450,312,500, the highest price ever paid for a painting. It is currently believed to be aboard a yacht in the Red Sea owned by Saudi Crown Prince Mohammed bin Salman. We are used to sky…
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With the House about to approve another $1.9 trillion in stimulus, the final hurdle before the legislation is signed by President Biden, I found myself wondering what this means for shares in GameStop and other meme stocks. Those stocks took off big time in January, as personal income increased 10%…
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+ Business+ Day trading, Gamestop, Investing, Investment, Reddit, Robinhood, Stock Market, Stocks, Stonks, Wallstreetbets+
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North Korean defector and Youtuber Yeonmi Park is reporting a massive uprising in Musan, North Korea. The uprising began when police cracked down on a market selling Chinese products, which is illegal in North Korea despite them being the only goods available. Farmers took their farm implements and attacked the…
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Merck has come out with great results from a new drug for COVID: Over the weekend, the Big Pharma and its biotech partner Ridgeback announced their drug, molnupiravir, hit one of its secondary objectives from a new trial, namely to reduce time to negativity of infectious SARS-CoV-2 virus isolation from…
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We keep hearing scary stories about people getting sick or dying shortly after getting a COVID vaccine. But we shouldn’t confuse correlation with causation. From the mathematician Gary Cornell’s excellent blog: For example, within one week after vaccinating 10,000,000 people, you will likely have around 98 people keel over and…
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GameStop shares are surging again today, even as the company is losing hundreds of millions of dollars a year. The stock is reacting to Chewy founder Ryan Cohen beginning a push to transform GameStop into an e-commerce business. But it still has 5,000 stores that were losing a fortune even…