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Stonks On The Moon : There s Now A Children s Book Based On The GameStop Short Squeeze
by Tyler Durden
Saturday, Jun 05, 2021 - 02:00 PM
There s now officially a children s book based on the Great GME Squeeze of 2021 .
Amazon has started selling a book called Stonks On The Moon! which tells the story - in children s parlance - of the mayhem being inflicted on Wall Street by a new wave of retail investors championing the cause of GameStop Corp, according to WeBull.
The story tells the tale of Stonks, a young ape, who is helped along by a character based on Keith Roaring Kitty Gill in building a rocket to visit the moon.
Stocks pare gains after ISM, meme stock mania returns, cryptos struggle
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Many Americans got their first taste of normalcy this weekend, so it is no surprise that airlines, cruise ships, and hotels, pretty much all the favorite reopening trades got off to a strong start. The reflation trade seemed to be back as commodities surge across the board, supporting the move higher with Treasury yields. It initially looked like optimism will be the theme leading up to Friday’s jobs report. A strong nonfarm payroll report that includes an upwardly revised prior reading could be what is needed to send Treasury yields higher again.
Dogecoin is on a run, has escaped the yard, and is headed to the moon
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Oh, super, Dogecoin is spiking. The joke currency, which as recently as January 27th was worth less than a cent, hit 47 cents this morning, according to Robinhood’s tracker. As I type this, the market cap is more than $51 billion.
The currency is based on an
au-courant-as-of-2013 meme of a Shiba Inu, and was intended to satirize bitcoin. Well, kids, the joke’s over. It’s now a top-10 cryptocurrency.
Weird year for finance, honestly. There was the Gamestonk thing which made GameStop stock so valuable, a member of the board of directors had to step down so that he could sell shares without restrictions. (Noted investor David Einhorn accused Elon Musk of pouring “jet fuel” on the January rally; a hedge fund called the top of the January rally based on the Musk tweet and raked in the dough.) Keith “Roaring Kitty” Gill stands to make millions, which he will presumably use to buy fanc
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