Our call of the day from blogger Jack Raines shows us the five ways we all could have gotten rich this year. But don't think this is a walk in the park.
After a record-breaking start to the week for stocks, markets are looking less charged for Tuesday. A two-day Federal Reserve meeting is kicking off in what will also be a big week for data with payrolls at the end of it.
We zero in on his most recent post, Play Dumb, Get Rich, where Raines explores the millions that could have been made in 2021 by investing in five really dumb ideas the moment they began going viral. “However, if you have to try for one of these home runs, keep it small. If you’re right, small is all you need. If you’re wrong, small is all you want. If you get lucky, maybe your trade can make the list for 2022,” he said. Check out Raines’ post and more here.
Pfizer PFE, -0.90% posted a beat, and Under Armour UAA, +0.97% is soaring on its earnings and guidance beat. Amgen AMGN, -0.08%, Activision Blizzard ATVI, +3.24% and Caesars Entertainment CZR, +4.03% are coming after the market close, to name a few.
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