$ROOT

Root Inc

  • NASDAQ
  • Finance
  • Insurance Brokers/Services
  • Finance and Insurance
  • Direct Property and Casualty Insurance Carriers

PRICE

$9.23 β–²0.326%

Delayed Price

VOLUME

23,095

DAY RANGE

-

52 WEEK

3.31 - 14.8

Join Discuss about ROOT with like-minded investors

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@cRUSTYTrades #ivtrades
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I attribute it to magnesium. nascient iodine and beet root juice. it's been life changing for me.

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@dros #droscrew
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Top Earnings Wed 5/3 Aft: $ACEL $ACLS $ACR $ACT $ADPT $AEIS $ALB $ALKT $ALL $ALLO $AMED $AMK $AMOT $AMPY $AMWL $ANSS $APA $ARC $ARDX $ASPN $ATO $ATUS $AUR $AVNW $AVT $BBSI $BCOV $BHE $BKH $BNL $CCRN $CDAY $CENT $CENTA $CFLT $CHRD $CIVI $CLMB $CMPO $CODI $COKE (1/6) Top Earnings Wed 5/3 Aft: $CORT $CPE $CPK $CPS $CRD/A $CSGS $CSTL $CSV $CTSH $CTVA $CW $CXW $DEN $DHT $DLHC $DRS $ECOR $ECPG $ELA $EQC $EQH $EQIX $ERII $ES $ESTE $ETSY $EVH $EZPW $FARO $FATE $FBRT $FG $FLT $FNF $FORM $FPI $FROG $FSLY $GHL $GIL $GKOS $GL $GMRE $GNK (2/6) Top Earnings Wed 5/3 Aft: $GNW $GOOD $GRBK $GTBIF $HBB $HCC $HDSN $HOUS $HST $HUBS $INFA $INFN $INMB $INN $INSG $IOSP $IPI $IR $IVAC $JOBY $KLIC $KNTK $KTOS $KW $LESL $LMND $LODE $LUMO $MELI $MET $METC $MG $MGY $MKSI $MLR $MMS $MOR $MOS $MRAM $MRO $MTG $MX $MYGN (3/6) Top Earnings Wed 5/3 Aft: $NARI $NC $NE $NFG $NGVT $NSTG $NUS $NVEC $NVST $NWPX $NYMT $O $OLED $OM $OPAD $OPK $OUT $PAHC $PARR $PCOR $PDCE $PGRE $PKOH $PLMR $PSA $PSNL $QCOM $QDEL $QGEN $QNST $QRVO $RDN $REI $RELY $REZI $RGLD $RGNX $RGR $RHP $RM $RMNI $RMR $ROOT (4/6) Top Earnings Wed 5/3 Aft: $RPT $RSI $RUN $RVLV $RYN $SBOW $SBRA $SEDG $SGU $SIGI $SITM $SNEX $SP $SPNT $SPOK $SRC $SRI $SRTS $STAA $STR $SUM $SYNA $TIPT $TNDM $TPIC $TPL $TPVG $TRIP $TSVT $TTEC $TTMI $TWI $TXG (5/6) Top Earnings Wed 5/3 Aft: $UDMY $UFI $UGI $ULCC $UPWK $USDP $USIO $USPH $VAC $VAPO $VET $VMEO $VNDA $VSTO $VTOL $WEAV $WERN $WES $WMB $WTS $YELL $Z $ZG $ZIMV (6/6)

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@cRUSTYTrades #ivtrades
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secret drink ginger juice mixed with beet root juice and distilled water

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@trademaster #TradeHouses
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By Howard Schneider WASHINGTON (Reuters) -An historically low U.S. unemployment rate and rising wages will likely keep the Federal Reserve on track to raise interest rates by another quarter of a percentage point next month, as risks of a financial crisis ease while concern about inflation remains high. U.S. job growth is slowing, something Fed policymakers have anticipated as they raised borrowing costs. But the economy still added 236,000 jobs in March, and has averaged gains of 345,000 per month during the first quarter, well above the level the central bank sees as consistent with its 2% inflation goal. The unemployment rate fell to 3.5% last month, from 3.6% in February, even as the labor force grew by about half a million people and the participation rate rose slightly. Average hourly wages rose 0.3%, slightly faster than the month before. The latest jobs report offered the last broad glimpse of the labor market that Fed officials will receive before their May 2-3 policy meeting, and marks another step towards refocusing debate from a potential crisis spurred by the collapse of two regional banks back to their effort to curb high inflation. Investors in contracts tied to the Fed's benchmark overnight interest rate added to bets that rates will keep rising, with a quarter-of-a-percentage-point increase next month now given a nearly two-thirds probability. "Despite weakening in employment readings in the run-up to the non-farm employment report, employment growth has not yet collapsed though there are visible signs of continued moderation," Kathy Bostjancic, chief economist at Nationwide, wrote shortly after the report was released. Bostjancic said the Fed overall would be pleased by the data, though she added that it "still is supportive of another rate hike in May - which we think could be the last for the tightening cycle. Followed by a long pause." In a possible further sign of easing inflationary pressures, the pace of wage growth on a year-over-year basis declined to 4.2% in March, from 4.6% in the prior month, continuing a recent downward trend. Economists polled by Reuters had expected a gain of 239,000 jobs in March, with hourly wages seen rising at a 4.3% annual rate and the unemployment rate remaining at 3.6%, a level seen less than 20% of the time since World War Two. By comparison, payroll growth in the decade before the COVID-19 pandemic averaged about 180,000 per month, and wage growth remained close to the 2%-3% range seen by Fed policymakers as consistent with their goal of a 2% annual increase in the Personal Consumption Expenditures price index. The PCE price index was rising 5% annually as of February, or 4.6% when volatile food and energy prices were excluded, too high for the Fed's liking and with improvement coming only slowly in recent months. Ahead of the report, Gregory Daco, chief economist at EY Parthenon, said he expected it would show that "labor market tightness will remain a feature of this business cycle," and prompt the Fed to keep raising rates. STILL HOT? The question now is how long that business cycle might last, and whether the seeds of a serious slowdown are taking root. The median unemployment rate projected for the end of 2023 by Fed officials at their March meeting was 4.5%, implying a comparatively steep rise in joblessness that in the past would indicate a recession was underway. Fed officials would never say their aim is to cause a recession. But they've also been blunt that, as it stands, there are too many jobs chasing too few workers, a recipe for wage and price increases that could start to reinforce each other the longer the situation persists. "The labor markets still remain quite, I would say, hot. Unemployment is still at a very low level," Boston Fed President Susan Collins said in an interview with Reuters last week. "Until the labor markets cool, at least to some degree, we're not likely to see the slowdown that we probably need" to lower inflation back to the Fed's target. Change, however, may be coming. Daco noted the decline in the average number of weekly hours worked in February, a statistic he says bears watching for evidence of "a more concerning labor market slowdown." The average work week fell in March to 34.4 hours, from 34.5 hours in the prior month. Payroll provider UKG said shift work among its sample of 35,000 firms fell 1.6% in March, a non-seasonally adjusted figure that Dave Gilbertson, a vice president at the company, said indicated overall job growth that was positive but not "as overheated as it has been." Job gains in January and February were larger than anticipated and produced a brief moment when Fed officials thought they might have to return to larger rate increases, a sentiment that died after the recent failures of Silicon Valley Bank and Signature Bank (OTC:SBNY). Economists at the Conference Board, meanwhile, said a new index incorporating economic, monetary policy, and demographic data showed 11 of the 18 main industries at modest-to-high risk of outright layoffs this year. Conference Board economists have been bearish in contending that a recession is likely to start between now and the end of June, though "it could still take some time before there are going to be widespread job losses," said Frank Steemers, a senior economist at the think tank. EYE ON SERVICES Some of that may be starting. The Labor Department on Thursday unveiled revisions to its measure of jobless benefits rolls showing that more than 100,000 additional people have recently been receiving unemployment assistance than previously estimated. Moreover, outplacement firm Challenger, Gray & Christmas said the roughly 270,000 layoffs announced this year through March were the highest quarterly total since 2009, outside of the pandemic. For the Fed, however, that is just one part of the puzzle. How "slack" in the labor market links to lower inflation may depend on where job growth slows, and over what timeline. New research from the Kansas City Fed suggested the process may prove stickier than expected because the service sector industries currently driving wage growth and inflation are the ones that are least sensitive to changes in monetary policy. If industries like manufacturing and home building follow familiar patterns as the Fed raises interest rates, credit gets more expensive and demand and employment slow. But the service industries that are responsible for most U.S. economic output are more labor-intensive and less sensitive to rate increases, Kansas City Fed economists Karlye Dilts Stedman and Emily Pollard wrote. "The services sector, in particular, has contributed substantially to recent inflation, reflecting ongoing imbalances in labor markets where supply remains impaired and demand remains robust," they wrote. "Because service production tends to be less capital intensive and services consumption is less likely to be financed, it also tends to respond less quickly to rising interest rates. Thus, monetary policy may take longer to influence a key source of current inflation."

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@NoobBot #Crypto4Noobs
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**conorsen:** Can’t really root for Saudi Arabia in any circumstances but this is very funny. https://twitter.com/conorsen/status/1595016505363685382

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@dros #droscrew
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the root of most crypto fraud

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@Marcosx #ivtrades
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root for that gap fill

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@Marcosx #ivtrades
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wouldnt know what to root for

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@NoobBot #Crypto4Noobs
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**mark_dow:** When bad news is good news, Santelli never knows what to root for https://twitter.com/mark_dow/status/1578000802613891072

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@trademaster #TradeHouses
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By Amanda Cooper LONDON (Reuters) -Global stocks and bond prices rallied on Tuesday, buoyed by a growing belief among investors that central banks may be on the verge of shifting down a gear in their quest to fight inflation, while UK assets benefitted from a government U-turn on tax cuts. A number of factors have helped douse some of the expectations for policymakers to deliver hefty rate hike after rate hike to quell inflation. A weaker read of U.S. manufacturing data for September, coupled with a retreat in eye-wateringly high European energy prices, and a smaller rate rise by the Australian central bank helped push down borrowing costs around the globe and plumped up investor appetite for risk. With borrowing costs having surged in the last couple of weeks in particular, a number of companies, including Swiss lender Credit Suisse, have found themselves in the line of fire. "The sight of a bond rally when investors smell a whiff of a central bank pivot is something to behold," ING strategists led by Padraig Garvey said. "The root cause of the recent re-pricing lower in rates can be traced back to two factors: the global economic slowdown and resurgent fears for financial stability." The MSCI All-World index was last up 0.9% on the day, while stocks in Europe headed for their biggest one-day rally in over three months, as the Stoxx 600 traded 2.6% higher and London's FTSE gained 1.8%. The pound, meanwhile, rose 0.1% against the dollar to trade at $1.1363, having pared some of the day's gains. Sterling has risen by more than 10% since the mini-budget unveiled by Finance Minister Kwasi Kwarteng last week triggered alarm across the financial markets. Global bond yields headed lower, with those on the benchmark U.S. 10-year Treasury note falling 6 basis points to 3.587%. The yield fell by nearly 20 basis points on Monday, having topped 4.0% just last week. "Noticeably, that move lower was entirely driven by a fall in real yields, with inflation breakevens moving higher on the day, which is again a sign that investors are pricing in a much less aggressive reaction from the Fed," Deutsche Bank (ETR:DBKGn) strategist Jim Reid said in a daily note. DOLLAR RELAXES ITS GRIP With Treasury yields falling, the dollar was on course for a fifth consecutive daily loss against a basket of currencies - its longest streak of declines since August 2021 - as investors began to price in the possibility that tighter credit conditions will make the Federal Reserve tread more carefully. However, some analysts said this optimism may be misplaced. "My firm view, however, is that this will not be the case. While, technically, having a dual mandate, the Fed have effectively become a single-issue central bank; that issue being bringing inflation back to the 2% target," Michael Brown, chief strategist at CaxtonFX, said. "Unless we see a few months of consecutive improvement in inflation data, it's tough to envisage any sort of pivot, with another 75 bps hike remaining my base case for next month's decision. It's tough to be long risk with that on the radar." Markets show investors believe inflation is likely to drop more quickly. On a five-year horizon, investors see inflation at just 2.24%, down from nearer 3% six weeks ago. In Europe, benchmark natural gas prices, which have served as a proxy for inflation, fell to their lowest in two months, which could take some pressure off the European Central Bank. In the UK, Kwarteng on Monday announced the government would back down on a tax cut for top earners that formed part of a package aimed at boosting growth. This measure only makes up a small part of the 45 billion pounds ($51 billion) in unfunded tax cuts, but it was enough to soothe some of the recent angst in the market and, together with emergency bond buying from the Bank of England, sterling was set to make up most of the losses incurred since the mini budget was unveiled on Sept. 23. But the respite seen across the markets on Monday and Tuesday would likely not last, given the bleak outlook for the British economy, analysts said. "The about-face ... will not have a huge impact on the overall UK fiscal situation in our view," said NatWest Markets' head of economics and markets strategy John Briggs. "(But) investors took it as a signal that the UK government could and is at least partially willing to walk back from its intentions that so disrupted markets over the past week." S&P 500 futures rose 1.8%, following a 2.6% bounce for the index overnight, suggesting a second day of gains may be in the offing on Wall Street later. [.N] Oil rallied for a second day, boosted by the prospect of output cuts from the world's biggest exporters, leaving Brent futures up 1.1% at $89.84 a barrel. ($1 = 0.8827 pounds)

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@Chano #StockTraders.NET
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I think those can be summarized as fear of losing as the root cause

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@dros #droscrew
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RECAP 7/29 Unusual Puts: $INTC Aug 38 P $ROOT Dec 2.5 P $MU Aug05 59 P $TSM Aug05 85 P $ROKU Nov 65 P $FCX Aug 30 P $OXY Aug05 52 P $TWTR Aug 30 P $BYND Aug 20 P

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@NoobBot #Crypto4Noobs
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Maaria Bajwa: 'People Like to Root Against the Winners.' https://www.coindesk.com/business/2022/04/25/maaria-bajwa-people-like-to-root-against-the-winners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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@trademaster #TradeHouses
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By Stella Qiu and Kevin Yao BEIJING (Reuters) -China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity to cushion a sharp slowdown in economic growth. The People's Bank of China (PBOC) said on its website it would cut the reserve requirement ratio (RRR) for all banks by 25 basis points (bps), effective from April 25, but analysts said it might not yet be enough to reverse the slowdown. Heightened global risks from the war in Ukraine and within China widespread COVID-19 lockdowns and a weak property market have triggered convulsions in the world's second-largest economy that are quickly spilling over into global supply chains. China's exports, the last major driver of growth, are also showing signs of fatigue, and some economists say the risks of a recession are rising. "I don’t think this RRR cut matters that much for the economy at this stage," said Zhiwei Zhang, chief economist at Pinpoint Asset Management, noting it was less than markets had expected. "The main challenge the economy faces is the Omicron outbreaks and the lockdown policies that restrict mobility. More liquidity may help on the margin, but it doesn’t address the root of the problem," he said. The PBOC said the latest RRR cut would boost the long-term funds for banks, enabling them to step up support for industries and firms affected by COVID-19 outbreaks, and lower costs for banks. It will cut financial institutions' annual funding costs by about 6.5 billion yuan. The PBOC will also continue to keep liquidity broadly stable, while closely watching inflationary trends and policy changes made by developed countries, it said. For city commercial banks that do not have cross-provincial business and rural commercial banks that have an RRR of more than 5%, they are entitled to an additional cut of 25 bps. The weighted average RRR for financial institutions will be lowered to 8.1% after the cut, the central bank said. Ting Lu, chief China economist at Nomura, expects another 25bp RRR cut before the year-end, most likely before mid-2022, before cutting RRR for some big banks that still have relatively high reserve ratios. "We expect the PBOC to focus on increasing its direct credit support to small- and medium-sized enterprises, the agricultural sector, green investment, tech and elderly care via the MLF (medium-term lending facility), relending and rediscounting channels," Lu said. HEADWINDS The cut, which follows a broad-based reduction in December, had been widely expected after China's cabinet said on Wednesday that monetary policy tools should be used in a timely way to bolster growth. The PBOC has also started cutting interest rates, while local governments have expedited infrastructure spending and the finance ministry has pledged more tax cuts. China's economy rebounded strongly from a pandemic-induced slump in 2020 but cooled over the course of 2021 due to persistent property market weakness and strict measures to contain COVID-19 flare-ups, which hurt consumption. The government's determination to halt the latest spread of record COVID-19 cases has clogged highways and ports, stranded workers and shut countless factories - disruptions that are ripping through global supply chains for goods ranging from electric vehicles to iPhones. China's imports unexpectedly fell in March as the restrictions hampered freight arrivals and weakened domestic demand, while export growth also slowed. Factory and services sector activity both contracted. The government is targeting economic growth of around 5.5% this year as headwinds build, but some analysts say that may now be hard to achieve without more aggressive stimulus measures. With other major central banks such as the U.S. Federal Reserve set to aggressively raise interest rates or already doing so, more forceful easing in China could spur potentially destabilising capital outflows as investors shift money to higher yielding assets. Earlier on Friday, the PBOC kept the rate on its medium-term lending facility unchanged for a third straight month, as expected.

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@trademaster #TradeHouses
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By Marc Jones LONDON (Reuters) - European stocks fell heavily again on Friday as worries about a sudden halt to central bank stimulus and rising tensions between Western powers and Moscow drove one of the worst ever starts to a year for world stock markets. Strong earnings from Apple provided some encouragement for battered tech and U.S. markets [.N], but traders were struggling to draw a line under a global selloff that has now firmly taken root. The pan-European STOXX 600 tumbled nearly 1.5%, on course for its fourth straight weekly drop, (EU) while volatile U.S. futures prices indicated traders weren't exactly sure which way Wall Street will go when it opens shortly. [.N]. MSCI's 50-country main world index is now down 8.1% for the month, slicing roughly $7 trillion from its value and putting it on the brink of its worst January since the 2008 global financial crisis year. The dollar, meanwhile, is on track for its best week in seven months on bets that U.S. interest rates could now go up as many as five times this year. [/FRX] "With the Federal Reserve sounding a lot more hawkish, it has shaken the markets," said Jeremy Gatto, a multi-asset portfolio manager at Unigestion in Switzerland. "Markets can live with rate hikes, but the main question remains around the balance sheet," he added. Markets have been driven up by all the stimulus pumped in during the COVID-19 crisis, "so if it starts reducing liquidity, that changes the game". GRAPHIC - World stocks suffer January plunge " onerror="this.style.display='none'" class="msg-img" /> The Fed indicated this week that it is likely to raise rates in March, as widely expected, and reaffirmed plans to end its pandemic-era bond purchases that month before launching a significant reduction in its asset holdings. The prospect of faster or larger U.S. interest rate hikes, and possible stimulus withdrawal, lifted the dollar to a 20-month high of $1.1119 per euro and to 115.50 yen - close to a high of year so far of 116.35 yen. [/FRX] In the big government bond markets that drive global borrowing costs, benchmark 10-year U.S. Treasury yields dipped to 1.82% from 1.84% earlier as the Fed's favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose no more than had been expected. In the 12 months through December, the PCE price index increased 5.8%. That was the largest advance since 1982 and followed a 5.7% year-on-year increase in November. The two-year yield, which is even more sensitive to rate hike expectations, was last at 1.20%, having started the year at roughly 0.75%. European bond yields also rose further. Germany's 10-year yield, the benchmark for the euro zone, was up 4 bps to -0.0008% as it threatened to break through the key zero threshold. [GVD/EUR] Focus was also on Italy, where bond yields there were also up as its parliament struggled to elect a new president. GRAPHIC - Global bond yields are rising " onerror="this.style.display='none'" class="msg-img" /> OIL PRESSURE U.S. stock futures recovered from an earlier dip to be broadly flat after the inflation data and as Apple shares (NASDAQ:AAPL), which have slumped nearly 10% this month, jumped 3.5% in premarket trading after posting record sales for its flagship phones. Apple is the world's largest company by market value but it and other tech shares have been hit particularly hard in the current selloff as the prospect of global rate rises give those who were already worried about stratospheric valuations the perfect reason to sell. In the commodity markets, oil prices remained strong and set for their sixth weekly gain amid concerns about tight supplies as major producers continue to limited output despite rising demand. Brent crude futures climbed 1.9%, to $91 a barrel - its highest level since October 2014. A sixth week of gains will also mark the longest weekly winning streak for Brent since October last year, when prices climbed for seven weeks while U.S. WTI prices gained for nine. This year, prices have risen about 15% amid geopolitical tensions between Russia, the world's second-largest oil producer and a key natural gas provider to Europe, and the West over Ukraine, as well as threats to the United Arab Emirates from Yemen's Houthi movement that have raised concerns about energy supply. "Where Brent crosses the $90 level, we see some selling from a sense of accomplishment, but investors start buying again when the prices fall a little as they remain cautious about possible supply disruptions due to rising geopolitical tensions," said Tatsufumi Okoshi, senior economist at Nomura Securities. "The market expects supply will stay tight as the OPEC+ is seen to keep the existing policy of gradual increase in production," he said. The market is focusing on a Feb. 2 meeting of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+. It is likely to stick with a planned rise in its oil output target for March, several sources in the group told Reuters. GRAPHIC - Apple sours, oil on the boil " onerror="this.style.display='none'" class="msg-img" />

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@NoobBot #Crypto4Noobs
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**@jasonzweigwsj:** On Wall Street, achievement is the square root of ego. https://twitter.com/jasonzweigwsj/status/1469064573969911822

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@Marcosx #ivtrades
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look like ROOT tried squeeze last week and fail

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@dros #droscrew
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like root beer in a shot glass

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@bfozello #ivtrades
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ROOT 30% short

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@CarlosH-carvan #ivtrades
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$ROOT another possible squeeze soon

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@CarlosH-carvan #ivtrades
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possible squeeze soon $BGFV, $ROOT, $BLNK, $LMND, $AGC, $FUV, $CRSR, $GOGO, $GOEV

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@HeyShoe #droscrew
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freaking sq root gainz\

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@Marcosx #ivtrades
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I dont know who to root for

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@trademaster #TradeHouses
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By Alun John, Samuel Shen and Tom Wilson SHANGHAI (Reuters) -China's most powerful regulators on Friday intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and crypto mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks. Ten agencies, including the central bank as well as banking, securities and foreign exchange regulators, vowed to work together to root out "illegal" cryptocurrency activity, the first time the Beijing-based agencies have joined forces to explicitly ban all cryptocurrency-related activity. "China has been known to go to extremes with either very assertive statements and prosecutions to complete radio silence," said George Zarya, CEO of Bequant crypto exchange in London. "This time the point was made very clear that China will not support cryptocurrency market development as it goes against its policies of tightening up control over capital flow and big tech," he said. The People's Bank of China (PBOC) said cryptocurrencies must not circulate as traditional currencies and that overseas exchanges are barred from providing services to mainland investors via the internet, cutting the likes of Coinbase (NASDAQ:COIN) and Binance off from the world's second-largest economy. The PBOC also barred financial institutions, payment companies and internet firms from facilitating cryptocurrency trading nationally. The Chinese government will "resolutely clamp down on virtual currency speculation, and related financial activities and misbehavior in order to safeguard people's properties and maintain economic, financial and social order", the PBOC said in a statement. Bitcoin, the world's largest cryptocurrency, dropped over 6% to $42,2167 on the news, having earlier been down about 1%. Smaller coins, which typically rise and fall in tandem with bitcoin, also tumbled. Ether fell 10% while XRP dropped a similar amount. Friday's statement come after China's State Council, or cabinet, vowed https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18 in May to crack down on bitcoin mining and trading as part of a broader effort to mitigate financial system risks, without going into details https://www.reuters.com/world/china/what-beijings-new-crackdown-means-crypto-china-2021-05-19. That threat sparked a major sell-off in cryptocurrencies. At that time more junior government bodies and provincial governments framed some specific cryptocurrency rules. Friday's statement, however, is the most detailed yet from the country's most powerful regulators, underscoring Beijing's commitment to suffocating the Chinese crypto market. It has dashed hopes among many in the industry that the May crackdown would be short-lived and the pressure would ease after the 100th anniversary of the Chinese Communist Party in July. "There's a degree of panic in the air," said Joseph Edwards, head of research at cryptocurrency broker Enigma Securities in London. The move also hit cryptocurrency and blockchain-related shares. U.S.-listed miners Riot Blockchain (NASDAQ:RIOT), Marathon Digital and Bit Digital slipped between 6.3% and 7.5% in premarket trading. China-focused SOS dropped 6.1% while San Francisco crypto exchange Coinbase Global fell 3.4%. "THOROUGH CLEANUP" The National Development and Reform Commission (NDRC) said it was launching a thorough, nationwide cleanup of cryptocurrency mining. Such activities contribute little to China's economic growth, spawn risks, consume a huge amount of energy and hamper carbon neutrality goals, it said. It's an "imperative" to wipe out cryptocurrency mining, a task key to promoting high-quality growth of China's economy, the NDRC said in a notice to local governments. Virtual currency mining had been a big business in China before a crackdown that started earlier this year, accounting for more than half of the world's crypto supply. The NDRC said it will work closely with other government agencies to make sure financial support and electricity supply will be cut off for mining. The national planning body also urged local governments to come up with a specific timetable and road map to eradicate such activities. Previous restrictions, issued by local governments, paralyzed the industry as miners dumped machines in despair or sought refuge in places such as Texas or Kazakhstan.

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@soheil.n #StockTraders.NET
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IU Watchlist Sept 23: Main Watches: $ATER same as prior days still thinking major squeeze potential but we don't know yet if that was today into close tomorrow's gap and that's that or if we are gonna go crazy and circuit halt etc. I would LOVE to see a gap fade fade fade into 7-8AM make shorts all super comfy and then do the BBIG trap move into circuits. The same thing I've said every morning - there is GREAT short trades here look left and MAKE SURE you are covering into flushes into/above key levels. It's respecting the levels VERY well - very clean trader IF you are trading it. If you are hanging around looking for more like we've talked about guess what - so is everyone else. Your edge is being one step ahead otherwise AVOID. $CEI had a video AHs (ie: CEO drawing on a white board) lol but as you know the army thinks it's amazing. Anyway - in my opinion shorts probably felt most confident today finally chart break etc perhaps felt comfortable holding it over etc finally breaking swing it and then bang big shove AHs. I don't think shorts are bent though - just back towards where they short. So, some will cover some won't but I'd LOVE $1.70 + shove but prolly unlikely higher better and I'd love to re put on the trade for the fade again. Been really nice from the trade plan since that $1.8x's exhaustion day (the first day). $LCID ideally flush off open and looking to get long for a rebound. Nice thoughts today for a weak day. Higher better for back side otherwise gap down flush and looking for rebound. This may change. Remember I have an idea - have a thesis - have a bias for now but if it's wrong the only thing WRONG is forcing your bias. So I won't force it unless proven right. $QS 945-10AM + trend join $PLTR thinking another trade soon no bias but good trader good range. Failed Follow Through: $MRIN down AHs but higher better and more unwind into 7s $WIMI higher better and more fails is ideal. $NNVC nice quiet fader today looking to do same today. Nothing huge just letting it work while trading others. $EDSA morning shove vs. today's highs. $AEMD higher better $5-5.20 + and fade off. Continuation: $ARQQ very small left - pretty nuts from $19-20s so far - minimal minimal left about 10% position. Just kept a few in case goes another $10 bucks - my gut is thinking gap/fail/fade tomorrow. $SOFI joined today high up there on /WSB $ROOT started in for continuation if it fails will move on. $HOOD watch weak open for r/g $EEIQ nice swing trade I had sold out into the last big shove (1/2) and then bailed on rest two days ago clearing out the port of the ones that weren't hanging onto trend but re bought today. Watch to see if buyer stays in tape next few days. $AEHR still have the core swing from $6 - hit new highs today I never got a chance to re scale unfortunately as planned. $VTSI no position eye on it.

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@Marcosx #ivtrades
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ROOT has had a root canal beter to go for the march c I would think for tax loss

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@CarlosH-carvan #ivtrades
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$ROOT squeeze coming...

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@dros #droscrew
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532 $ROOT OCT2021 $7.5 Cs trade 0.75

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@dros #droscrew
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532 $ROOT OCT2021 $7.5 Cs trade 0.75

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SO
@soheil.n #StockTraders.NET
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IU Watchlist: Main Watches: $LIFE nice late Oppenheimer upgrade fueled it AHs again after shorts likely got pretty comfortable. Pretty decent trap - they can def raise but it was super ETB and cheap to borrow where it wasn't so very possible 4-7AM walk up and hopefully they hold off any raise before I get back πŸ™‚ Higher better is ideal. $ISEE weak open still think we could have a push out $15-17 or something wild by Wednesday if not and fails to get over and hold $15 tomorrow I'd be looking to join the trend back down. $AMC reactive trade - had a good read on it today on entries and covers the only thing I did wrong was hold part of it which made it more work than it was worth. $CEI higher better and ideally nail it again like today. Nice trade plan. Failed Follow Through: $OCGN $8.50 + is ideal then failed follow through I'd love to trade. Nice trader today. $SDC had a nice long with the swipe today joined that - got a good piece but super heavily promoted on Twitter - much like ROOT so when it stops going up just remember lots of retail will be on wrong side. Would fade failed follow through. $BBIG higher better for failed follow through is ideal. Nice one today. $FUBO watching all pops vs 945-10AM weakness / VWAP

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@Pal #droscrew
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$ROOT making a move AH. Now $6.86

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@Navneet #droscrew
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im pretty sure $root will be 30$ stock

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@dros #droscrew
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please define long term > @Navneet said: $root and $wish longterm

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@Navneet #droscrew
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$root and $wish longterm

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@Pal #droscrew
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$ROOT making a lil move AH

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@dros #droscrew
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$ROOT bulls active again

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@ajb_2010 #droscrew
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@dros I am new to options, whats the big deal, if any, with the ROOT calls you put up earlier today?

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@Pal #droscrew
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Speaking of hitting it....that $ROOT

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@CarlosH-carvan #ivtrades
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$ROOT still sweep all morning

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@dros #droscrew
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there goes ROOT to 6.3

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@dros #droscrew
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that $ROOT is set to pop a bit further

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@dros #droscrew
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3097 $ROOT SEP2021 $7.5 Cs trade 0.19

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@dros #droscrew
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3097 $ROOT SEP2021 $7.5 Cs trade 0.19

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@dros #droscrew
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no positionΒ  > @Navneet said: @dros Do you have $Root commons ?

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@Navneet #droscrew
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@dros Do you have $Root commons ?

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@dros #droscrew
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$ROOT set to open a little under $8Β 

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@Snowcow #droscrew
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chart ooks good on $root also

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@dros #droscrew
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seems like the pumpers are interested in $ROOT for tomorrowΒ 

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@CarlosH-carvan #ivtrades
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$ROOt Rsi above 50 like it

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@CarlosH-carvan #ivtrades
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hmmm watching $ROOT short squeeze

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Key Metrics

Market Cap

88.32 M

Beta

2.18

Avg. Volume

109.60 K

Shares Outstanding

9.60 M

Yield

0%

Public Float

0

Next Earnings Date

2024-02-21

Next Dividend Date

Company Information

other insurance companies don't know whether you're a good driver or a bad driver. they set insurance prices based on crude factors like age and gender, resulting in bad drivers paying too little, and good drivers paying too much. at root, we are changing that. we've created a way to understand how you actually drive, so that we can give the best drivers the best insurance prices.

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HQ: ,

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