Benchmark U.S. crude oil for December delivery rose 76 cents to $83.57 a barrel Friday. Brent crude for January delivery rose 6 cents to $83.72 per barrel.
Wholesale gasoline for November delivery rose 3 cents to $2.46 a gallon. November heating oil fell 2 cents to $2.50 a gallon. December natural gas fell 36 cents to $5.43 per 1,000 cubic feet.
Gold for December delivery fell $18.70 to $1,783.90 an ounce. Silver for December delivery fell 17 cents to $23.95 an ounce and December copper fell 7 cents to $4.37 a pound.
The dollar rose to 113.93 Japanese yen from 113.46 yen. The dollar rose to 0.87 euro from 0.86 euro. 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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