Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Wednesday, March 2, 2022. Gold extended gains as investors weighed mounting risks to global growth from sanctions on Russia in the wake of its invasion of Ukraine. Gold dropped as optimism that the Federal Reserve will cut interest rates next month was shook by ongoing uncertainty over economic data, following the longest government shutdown in US history. Expectations for Fed cuts were scaled back as the week progressed, with ...

Core Viewpoint - Beyond Meat's stock has experienced an extraordinary surge, gaining over 1,000% in less than a week, driven by a tender offer for $1.1 billion of convertible debt, which significantly increased the number of shares outstanding and liquidity [1][2][3]. Group 1: Stock Performance - The stock opened at $6.16, reflecting a 70% increase from the previous day's close [1]. - Trading volume has surged, with 2 billion shares changing hands in one day and over 800 million shares traded before 10:30 a.m. ET on the following day [7]. Group 2: Financial Developments - A tender offer for $1.1 billion of convertible debt resulted in the creation of 316.2 million new shares, increasing shares outstanding by nearly five times [2]. - The debt, due in 2027, exceeded Beyond Meat's total assets of less than $700 million as of the end of Q2, indicating that the company would have struggled to repay it [3]. Group 3: Market Dynamics - The initial reaction to the debt conversion was negative due to concerns over dilution, but it ultimately removed a significant financial obstacle for the company [3]. - High short interest, with 54% of the float sold short, has incentivized buying from meme traders [4]. Group 4: Future Outlook - The current surge in stock price appears disconnected from the company's fundamentals, which remain weak, including declining revenue and ongoing unprofitability [6][9]. - There is speculation that the stock could continue to rise if trader interest persists, potentially benefiting from a gamma squeeze due to high demand for call options [6].

It's time for the big three. We've got three stocks, three charts, and three trades. Rick Ducat joining us here in studio to take us through the charts. And here to take us through the trades is Don Kaufman, the co-founder of Theo Trade.It's great to have you both with us for the big three today. Now, Don, I'd love to just start with a big picture thought on the market today. You know, one of the things I'm uh I'm just looking at right now happens to be just between now and the end of the week, risk is actu ...