Notes From All Over -- Nothing About The Bakken -- January 26, 2021

Later: LOL! At the opening, GME surged another 32% today. How long before SEC stops trading in GME again?

GME: from Yahoo!Finance today: 

Looking at the major averages on Monday, you might think it was a fairly placid trading session. ‌ 

The Dow lost just over 0.1%, the S&P 500 gained a little more than 0.3%, and the Nasdaq closed up 0.7% to hit a record high. ‌ 

But underneath the surface, one of the wildest trading days we’ve seen in some time broke out. ‌ 

GameStop remained the day’s top story, as the stock continued its unbelievable run from the ~$4 per share range back in the summer to a whopping $76.77 as of Monday’s (January 25, 2021) close. ‌ 

In a story published Monday, Bloomberg’s Brandon Kochkodin chronicled the ongoing relationship between Reddit’s “wallstreetbets” forum, and shares of the struggling video game retailer. 

In this story we find a fundamental case for buying the stock: A character from Michael Lewis’ famous book “The Big Short” (Dr. Michael Burry), an activist investor who also founded Chewy (CHWY), and along the way a redditor named “Senior_Hedgehog” plays a major role. ‌ 

Truly a tale for the modern market.

GME wasn't the only one in which fast thinkers were able to really, really beat the market. Shares of La Croix-maker National Beverage Co. rose more than 13% on Monday; more than 60% of the company's stock is currently being sold short. 

Same with:

• REIT Macerich: shares rose 21%
• Macy's: shares were up more than 10%
• Bed, Bath Beyond: with a short interest north of 60%, shares rose as much as 50% in late- morning trading before falling back;
• BlackBerry: spiked 28%; the company forced to make a statement, "Hey, guys: there's no news to report. There's nothing to see here. 

Suggestion: start reading Reddit and look for the next big thing.

But you have to act fast. 

All of the above was taken from the daily Yahoo!Finance note. 

**************************************
UPS To Sell Freight Trucking Business

Link to WSJ article here.

Billion-dollar deal. Almost.

********************************
Right On Cue

Just the other day, I said Apple, Inc., was once a "fashion designer" company. That was a couple of days ago, over the weekend. 

Yesterday, over at MacRumors:

Designer shares deep dive into history of classic Apple watch faces.

Designer Arun Venkatesan today shared an interesting deep dive into some of the classic watch designs that inspired various watch faces for the Apple Watch, detailing how Apple took design cues from well-known watches from companies like Rolex, Breitling, Heuer, and others.

Venkatesan delves into the California watch face, the Chronograph and Chronograph Pro watch faces, the Count Up watch face, and the GMT watch face.

The California watch face, for example, was inspired by a dial design that originated in World War II. The mix of Roman and Arabic numerals was thought to make the watch face more readable in low visibility.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.