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For once, it wasn't the big dogs that turned Wall Street on its head. It was the little guy that caused the Archegos Capital Management hedge fund to collapse.
Last Friday, we witnessed a mysterious block trading spree that was caused by the massive implosion of Archegos Capital.
Very similar to the GameStop "stonk" fiasco, this hedge fund collapse is a good reminder to traders of the dangers of over-leveraging your account.
But what if I told you that the names that hurt the worst from the hedge fund collapse were about to make a major comeback on this pullback?
And that there was even more to the story than anyone originally realized? |
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