AMC Stock - The MOASS Has Finally Been Triggered

AMC Stock - MOASS Has Been Triggered

Credit Suisse was trending for all the wrong reasons this weekend, as social media was in a frenzy debating whether one of the 30 global systemically important banks would collapse altogether. The bank did open its doors on Monday. The bad news was, its shares CSGN, -0.93% CS, +2.17% fell to a new record low, and have dropped 57% this year. Its U.S.-listed shares fell 4% in early New York trade. The market that has really caught the attention of traders is that of credit-default swaps. Those are effectively bets on whether a debt issuer will survive. The 5-year credit default swap widened on Friday to 250 — not an unusual level for a company, but high for a major bank, and Credit Suisse’s worst level since 2009. This has a direct correlation with AMC Stock short squeeze.

Disclaimer: I am not a financial advisor and the topics discussed in this video are not to be taken as investment advice. Just my personal opinion being shared. Nothing more.

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Видео AMC Stock - The MOASS Has Finally Been Triggered канала The Money Game With AC