Braces

Gamma Energy: As XLE Call Buying Explodes, Energy Sector Braces For Huge Melt Up

Remember the “gamma squeeze” in various tech names amid the unprecedented Robinhood/SoftBank call buying frenzy from the summer/late 2020? Well, while SoftBank’s market manipulation unit may have been “incapacitated” for the time being after suffering major losses, the record call buying has continued into 2021 as retail daytraders have put their $600 (and soon $2000)…

Pentagon Threatens Iran As Region Braces For 1-Year Anniversary Of Soleimani Killing

On the same day the US embassy in Baghdad’s Green Zone came under attack by a hail of eight rockets fired by unknown militants, the United States threatened Iran with military action should it decide to pursue any future retaliation for the US killing of IRGC Gen. Qassem Soleimani last January. Sunday’s attack, widely believed the have…

London Braces For Brexit’s Financial Shockwave

The turmoil in London’s financial industry as a result of the pandemic looks like it is only going to get worse.  That’s because Britain is entering its final month of its Brexit transition period without a financial-services deal, according to Bloomberg. This means that many financial firms in London could be on their way out…