We begin with a quick crypto market update. Bitcoin established a major support level of $45,000. Since the cost of mining Bitcoin is approximately at this level. GameStop and AMC saga continues into day 4. And for the second day in a row both stocks continue to decline, losing approximately 30% and 15% respectively. Most recent Initial Jobless Claims Report came up with the number of 222,000, which is up from previous report of 219,000. This is a sacrifice that the Economy has to take, in form of more people losing their jobs, but at the same time this will allow the Federal Reserve to eventually reduce the interest rates. Which in return is supposed to boost the economy and create more jobs. And finally, so called “Desperate IPOs” trend has taken place. Companies go public just to collec
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