Benchmark U.S. crude oil for October delivery fell 64 cents at $71.97 a barrel Friday. Brent crude oil for November delivery fell 33 cents to $75.34 a barrel.
Wholesale gasoline for October delivery fell 1 cent to $2.17 a gallon. October heating oil was unchanged at $2.21 a gallon. October natural fell 23 cents to $5.11 per 1,000 cubic feet.
Gold for December delivery fell $5.30 to $1,751.40 an ounce. Silver for December delivery fell 45 cents to $22.34 an ounce and December copper fell 3 cents to $4.25 a pound.
The dollar rose to 109.93 Japanese yen from 109.70 yen. The euro fell to $1.1730 from $1.1754.7 Reddit Stocks That Have a Chance to Be Special
As a conservative investor, I have a grudging admiration for the small army of retail traders that are making their dreams come true. I’m talking, of course, about the group of day traders who have made a habit of finding low-priced stocks (particularly those with high short interest) and attempting to send them “to the moon.”
They are called meme stocks, casino stocks, or Reddit stocks (named for the website where some of these traders congregate). It all means the same thing. And as much as I say I admire the traders who have profited from these stocks, I do it from a safe distance.
Many of these stocks were penny stocks. And they were penny stocks for a reason. No amount of speculative rocket fuel is going to change that. But if you look at some of these stocks as objectively as possible, there may be hope.
And in this special presentation, we’re going to look at seven Reddit stocks that might just have a chance to have a life beyond this current mania phase.
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