Guess what Fidelity’s website is not working. They are intentionally not letting people view their portfolioThey won’t illegally prevent the buying/selling but they can disable their website from showing portfolio
I’d be interested to know if anyone else can’t view their positions in Fidelity
NOK - Nokia stock has 155,932,618 of volume buy sells etc and the market has only been open one hour. $4.97
GME has 15,559,847 in volume in one hour - it’s more stable today
Read this, hedge sold off big stock names to cover billions of dollars in losses
From Fidelity article can’t get article on my phone
look at this BS
Rush to stocks continues amid retail frenzy, BofA data show
BY Reuters
— 5:03 AM ET 01/29/2021
LONDON (Reuters) - Investor cash continued to pour into stocks last week amid a retail trading frenzy that saw shares in GameStop ( GME
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) soar over 2,500% year-to-date at one point, BofA's weekly flow data showed on Friday.
Inflows in the last three months soared to a record $272 billion. U.S. small cap firms, at the centre of amateur trading, saw their second-largest inflow ever, of $29 billion.
Crowds of solo traders herd buying, pumping up and squeezing out hedge funds from their bets against ailing companies, have shaken financial markets in the past week, with analysts worrying about the systemic implications of a retail speculative bubble bursting.
BofA analysts compared this new trend, often described as a populist market revolt, to the 2011 "Occupy Wall Street" movement against financial inequality.
"Our secular view is inequality can only end via higher wage inflation for poor and wealth taxation for rich", they commented in their weekly note.
BofA analysts added they expected to see a 10% correction in equity markets in the coming months as the COVID-19 vaccines are rolled out.
(Reporting by Julien Ponthus; editing by Thyagaraju Adinarayan, Larry King)
https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=GME&days=&category=&sb=1&st=&san=1&sc=1&storyid=202101290503RTRSNEWSCOMBINED_KBN29Y13W-OUSBS_1
Here’s the sauce
US STOCKS-Wall St falls after J&J vaccine data,hedge fund-retail investor clash
Contributors Jan 29, 2021 10:27AM EST
All the three main indexes tracked their biggest weekly fall since the end of October.
Worries of a short squeeze grew after an army of retail investors returned to trade shares in GameStop Corp GME.N, AMC Entertainment Holdings Inc AMC.N and BlackBerry Ltd BB.N.
Shares of the companies surged after Robinhood and Interactive Brokers said they planned to ease restrictions after imposing buying halts a day earlier.
Investor favorites including Apple Inc AAPL.O were sold off by hedge funds recently to cover billions of dollars in losses.
Reuters article 8kun won’t let me post the link to article