The Mistake Investors Are Making With Meme Stocks
Meme stocks are the investing phenomenon of the pandemic creating parabolic moves in a handful of equities while making fabulous profits for early buyers.
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Meme stocks are the investing phenomenon of the pandemic creating parabolic moves in a handful of equities while making fabulous profits for early buyers.
The sudden collapse in Gold at the start of week’s trade may be signalling that US monetary policy will begin to tighten into the second half of the year as the Fed begins to taper its ultra easing stance in light of consistently strong US economic data.
Both Apple and Microsoft will report after the bell today and in a redux of the 1980’s investors are wondering which technology behemoth will beat expectations and lead the post earnings reaction play.
Oil is in a correction but not a decline Oil services sector should benefit for next 12-18 months Advances in technology
Price action stalls at all time highs Delta variant causing concerns Big divergence in breadth Seasonal volatility problems Market action is decidedly negative as we
Whether inflation is transitory or durable continues to be the debate in the markets, but the very clear fact as shown in yesterday’s CPI data is that inflation is raging right now and while investors may dismiss its impact the reality is that it’s likely to take its toll on dollar retailers even sector leaders such as Dollar General.
The meme stock strategy predicated on the sustained and coordinated buying of some of the most worthless and heavily shorted securities in the US markets in order to generate massive explosions in price is quickly losing its luster.
Whether you firmly believe that the COVID fiscal and monetary response is about to unleash a tidal wave of inflation or simply want to have some tail risk protection for your portfolio, an allocation to precious metals is probably a wise bet.
With AMC up nearly 40% in pre market trade today investors are seeing yet another meme stock explode to the upside despite absence of any fundamental reason behind the move.
One of the best performing sectors in the equity market is the Philadelphia Semiconductor Index known as the SOXX. Typically the sector is very prone to boom and bust cycles as the surge in demand leads to overbuilding of foundries and flood of supply
ABNB has been a swan dive for months as the company which was once seen as the poster child for post pandemic recovery has lost the confidence of Wall Street and mom and pop investors.
But while the public health emergency remains a terrible cost of stress to those societies and economies the region may soon see an unexpected boom in economic activity and investors are beginning to take notice.