Here’s Why FATE’s Stock Priced Popped

Here’s Why FATE’s Stock Priced Popped

FATE’s stock price was higher on Friday because Fate Therapeutics (FATE) highlighted positive interim data from its study of FT516 in combination with Rituximab for B-cell Lymphoma. “FT516 is the Company’s universal, off-the-shelf natural killer (NK) cell product candidate derived from a clonal master induced pluripotent stem cell (iPSC) line engineered with a novel high-affinity, […]

Trade of the Week: AMC

Trade of the Week: AMC

It a was big week for meme stocks, with AMC Entertainment (AMC) leading the way. Over a two-day period, AMC traded over 8 million options contracts and 1 billion shares. While a lot of the action was from retail traders buying calls in AMC, there was also clearly institutional trading in the options. Some of […]

Inflate Or Die!

Inflate Or Die!

Pundit Bill Bonner’s article, “Money-Printing Means Inflation for the U.S. Economy”, concludes: “It’s inflate or die. And if anyone gets in the way of inflation… the ‘active shooters’ – in both the private sector and the public sector – start gunning for them. Last week, Treasury Secretary Janet Yellen came under fire for saying she might […]

Crane picking up a car in a junkyard

Why CEF Stocks Are Mostly A Junkyard… Except For Two

I regularly field many questions about specific high-yield investments. The questions often specify a closed-end fund (CEFs), and the investor asking often does not realize the high-yield stock symbol that caught their interest is a closed-end fund. Today, let’s look at CEFs, both pros and cons…lots of cons. CEF stands for closed-end fund. A closed-end […]