Vivian Lewis Blog | Barrons | TalkMarkets
Editor and founder of Global-Investing.com
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Vivian Lewis is editor and founder of Global-Investing.com, the daily blog newsletter for Americans and others seeking to internationalize their portfolios. She brings unique experience and competence to the business of picking foreign stocks. After graduating from Harvard magna cum laude (and ...more

Barrons

Date: Sunday, January 31, 2021 9:12 PM EDT

Because there was a technical issue at Lipper, Barron's has not published tables for closed end funds this weekend. So we are not going to publish them today. If there is nothing during the week, I will be able to use my brokerage account to fill in the gap. as it includes the prices at Friday's close--but not the net asset values and discounts or premiums.

Thank you to all the subscribers who renewed. I have given up on Endurance International, whose stock doesn't deserve its excessively high price-earnings ratio. Apart from double billing my firm last year for providing hosting, they also erased all the material that I had moved to bluehost. Now that I have another source and a new web designer from Mexico, I am going to try to sue them again (I already did this once in 2019.) Thanks to my faithful subscribers I can again pay my lawyer for tackling the matter. The last time he only got me a year's hosting which they pulled just a year ago, and I was too stupid to notice I was being double billed. Now I have cut the cord and will let him take them to court.

My new web hosting will be from my registrar go-daddy, not an independent. It will not be in drupal nor wordpress.

Last week was a bad one for investing with all the nonsense from Reddit-WallStreetBets. Almost all our shares fell on Friday wiping out the 2021 gains. February tends to be worse particularly when there is a new party in power in Washington, however barely.

For the first time i can recall, a normal Finnish company, Nokia (NOK), became a short-squeeze play against institutional players. My own expectation that the next crush would be in Canada proved wrong, maybe because the Reddit writers were afraid that Canadian rules are strong enough to have prevented their heavy purchases. Or maybe it's just that many US investors tend to be chary of Canada stocks.

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