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GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.
GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.

The latest rally in meme stocks has given AMC Entertainment and GameStop the biggest and third-largest market capitalizations among companies in the Russell 2000 index of small companies. The Russell indexes' annual reconstitution is coming up next week, so investors have been wondering it the pair might graduate into the large-cap Russell 1000 .

Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better
Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better

Were traders on the WallStreetBets subreddit right about GameStop (NYSE:GME) after all?

MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now
MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now

MarketWatch FUD media wrote: Could insider sales of meme stocks signal a coming crash in their share price? The empirical research suggests the answer is yes.

Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin
Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin

Elon Musk's repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter.

UBS Wealth : Bitcoin Can Actually Go to Zero!

UBS Wealth strategists are warning new investors in the cryptocurrency market with "Be prepared to lose ALL your money".


According to UBS Global Wealth Management there's nothing stopping eventual Bitcoin wipeout due to central bank digital currencies and regulatory threats.

As Wall Streets Jumps on the cryptocurrency market and especially Bitcoin, UBS Wealth believe that BTC price may rise in the near term, but over the long term the Bitcoin market faces high risks of long haul.

"There is almost nothing that can prevent Bitcoin from going to zero when a better alternative is launched or if regulatory changes stifle". The chief investment officer Michael bolliger said in Thursday "Myspace and Netscape are great examples of applications that enjoyed widespread popularity but eventually disappeared", nothing prevents the same to happen with Bitcoin which is currently in FOMO rally.

With BTC slumping back to $33.000, the famouusly volatile asset is stoking debate among the world's biggest money managers. It is known that investors such as Stan Druckenmiller and Paul Tudor Jones are entering the industry, yet , critics see scandal, gambling and MANIPULATION!

In the short-term Bitcoin prices could climb anew momentum. But over the long term, the crypto market risks big regulatory intervention (U.K decision to ban sales of cryptocurrency derivative products to retail investors as example).

UBS Wealth is skeptical on the real-world utility of virtual digital currencies, but they skip calling cryptocurrencies a bubble, given the difficulty of fair value determination of asset without cash flows.

Of course there are investors who have put ambitious price target for Bitcoin, most bullish investors like Scott Minerd (Guggentheim Investments) is expecting bitcoin to hit $400.000 and JPMorgan Chase and Co. group are betting for $145.000 in the long term.

UBS Wealth said: Investors in digital currencies - cryptocurrencies must limit the size of their investments to an amount they can afford to lose"


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