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☀️Touching the Sun & Meme Mania
Not a clickbait, really!
Hi everyone, and welcome new subscribers. I appreciate each and everyone who reads this newsletter.
This week, we talk about the first time humankind has ‘touched’ the Sun, the investing meme mania and finally we’ll get to the book/app of the week.
Okay then, let’s get the ball rolling this week by starting with…
Investing gained unprecedented cultural relevance this year as all of us sat at home (working?) with extra cash and more ways than ever to participate in the markets. In January, social-driven buying campaigns helped lead to rising prices of “meme stocks” like ITC in India, GameStop & AMC in USA — and later meme-related cryptos like Dogecoin, Shiba, and short-lived Squid coin, which turned out to be a scam. But meme mania is just one chapter in the rise of the retail investor: Retail investors in 2021 exerted influence over India's equity market like never before. An army of amateur investors - led by savvier 20- and 30-somethings - bought and sold shares frantically during the year as the bull run gave them an opportunity to make money in stocks at a faster pace than traditional asset classes.
NASA's Parker Solar Probe became the first spacecraft to successfully reach the sun's outer atmosphere, a long-awaited milestone expected to provide insight into solar dynamics and the star's influence on the rest of the solar system.
Known as the corona, the outer solar region extends millions of miles above the visible surface. The region is filled with extremely fast-moving charged particles that give rise to ever-changing magnetic fields and occasionally burst outward into space, a potential hazard for satellites and electrical equipment on Earth.
The app of this week is Upstox.
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Upstox is at the forefront of technology adoption in financial markets. Especially when it comes to IPOs, You can apply for IPOs 24/7, via WhatsApp, or even Pre-apply before they go LIVE.
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See you next week with more amazing things that will make you wiser.
Until then...
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