Santoli’s Wednesday market notes: Meme stocks are percolating again

cnbc2021-05-27

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.Is the “never short a dull market” rule in effect? As the indexes ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Teruwa
2021-06-02
Teruwa
interesting
sharonyim
2021-05-27
sharonyim
pls like and comment ?
- sharonyim:
  ????
- hkwan:
  done
  pls comment back pls
  tq
RoronoaZH
2021-05-27
RoronoaZH
Please comment and like ![Smile]
- schsch:
  like and comment too
- WinZ:
  [Smile]
- Ahjennn:
  Respond to my comment thx
WinZ
2021-05-27
WinZ
Pls help comment and respond
- RoronoaZH:
  Commented !
- schsch:
  ok do the same?
Teruwa
2021-05-27
Teruwa
this is amazingly funny

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148046992?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-27 08:33","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1148046992","market":"us","top_or_hot":-1,"title":"Santoli’s Wednesday market notes: Meme stocks are percolating again","media":"cnbc","content":"<div>\n<p>This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.Is the “never short a dull market” rule in effect? As the indexes ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/santolis-wednesday-market-notes-meme-stocks-are-percolating-again.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santoli’s Wednesday market notes: Meme stocks are percolating again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSantoli’s Wednesday market notes: Meme stocks are percolating again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/26/santolis-wednesday-market-notes-meme-stocks-are-percolating-again.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.Is the “never short a dull market” rule in effect? As the indexes ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/santolis-wednesday-market-notes-meme-stocks-are-percolating-again.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.cnbc.com/2021/05/26/santolis-wednesday-market-notes-meme-stocks-are-percolating-again.html","article_id":"1148046992","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/05/26/santolis-wednesday-market-notes-meme-stocks-are-percolating-again.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1148046992","pubTimestamp":1622075587,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about tren","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"translate_title":"Santoli周三的市场评论：Meme股票再次渗入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.Is the “never short a dull market” rule in effect? As the indexes have slowed and hovered just below record highs, there has been plenty of frustration on all sides – bulls, bears, growth fans and value believers have all had reason both for doubt and hope the past several weeks of a churning trading range.This frustration has lowered conviction levels, spread caution and moderated the most aggressive positioning. This doesn’t guarantee a run to happy new highs; we surely never got panicky or oversold. But this choppy phase has left the market on more balanced footing.Fear & Greed Indexis at its lows for the year and investment-advisor sentiment has come off recent highs notably.The S&P chart continues to hold up while looking as if it’s in no hurry at all for the moment. Still probably close enough to the old highs that it would be odd not to make a run closer to it before long, even if it does prove the top of an ongoing range.Meantime, the retail-favorite, meme-stock andshort-squeeze names are percolating again. We’ve seen the high-energy speculative flows ease back quite a bit from stocks and options since February but they never went away fully. Maybe the crypto dump has redirected those looking for action back to ARKK (+10% in two weeks), TSLA, spec-tech and silly squeeze names (GME, AMC).Worth noting that in past months when the retail hot-potato stocks were popping, it eventually turned negative for the broader market. Still well shy of prior extremes, of course. And keep in mind that for all the wild Reddit claims of short-hinting raids, the overall market has a minimal short base – short interest relative to market cap near multi-decade lows.Treasury yields remain heavy in a prolonged consolidation below the March highs. Foreign demand, short squeeze in bonds, past-peak macro acceleration, calmer inflation narrative and belief the Fed will not alter policy soon all in play. So far the 10-year yield hasn’t broken down. Probably a bit of room below 1.5% before one would say the upward trend is over (the yield spent almost no time between 1.4% and 1.5%) but not much.No surprise the bank stocks have the exact same chart shape – sideways beneath recent highs, still in an uptrend but without a ton of room for error before than would change:Market breadth is solidly positive, NYSE 2:1 advancers-to-decliners, small caps outperforming. Some minor land mines were tripped – CVS and WBA weak on yet another AMZN pharmacy headline, Deere conspicuously weak and now off more than 10% from a high. Mega-cap tech on a short leash after bouncing. Overall tape absorbing these OK for now.VIX dipping, near 18, still sticky but at these levels are no real impediment for a bit more of an upside try in the indexes if the buyers wake up.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":113953090,"gmtCreate":1622591836010,"gmtModify":1704186805322,"author":{"id":"3575581511094836","authorId":"3575581511094836","name":"Teruwa","avatar":"https://static.tigerbbs.com/88dfe40f779bb792adcca626b50b5b72","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":0,"idStr":"3575581511094836","authorIdStr":"3575581511094836"},"htmlText":"interesting&nbsp;","listText":"interesting&nbsp;","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113953090","repostId":1148046992,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132150891,"gmtCreate":1622077038213,"gmtModify":1704178941543,"author":{"id":"3581852273201777","authorId":"3581852273201777","name":"sharonyim","avatar":"https://static.tigerbbs.com/00f79e45ab6c11af64432ccbb28a68c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581852273201777","authorIdStr":"3581852273201777"},"htmlText":"pls like and comment ?","listText":"pls like and comment ?","text":"pls like and comment ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/132150891","repostId":1148046992,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4514545,"gmtCreate":1622431202557,"gmtModify":1680792123572,"authorId":3581852273201777,"author":{"id":3581852273201777,"idStr":"3581852273201777","authorId":3581852273201777,"name":"sharonyim","avatar":"https://static.tigerbbs.com/00f79e45ab6c11af64432ccbb28a68c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132150891,"type":1,"supId":4464118,"prevId":0,"content":"????","text":"????","html":"????"},{"id":4464118,"gmtCreate":1622077567500,"gmtModify":1680791217281,"authorId":3572473945197433,"author":{"id":3572473945197433,"idStr":"3572473945197433","authorId":3572473945197433,"name":"hkwan","avatar":"https://static.tigerbbs.com/77e90a3687fc7bea68ab1062dc6f91d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132150891,"type":1,"supId":0,"prevId":0,"content":"done <br>\npls comment back pls<br>\ntq","text":"done <br>\npls comment back pls<br>\ntq","html":"done <br>\npls comment back pls<br>\ntq"}],"langContent":"EN"},{"id":132117309,"gmtCreate":1622075681501,"gmtModify":1704178899220,"author":{"id":"3574212658666655","authorId":"3574212658666655","name":"RoronoaZH","avatar":"https://static.tigerbbs.com/6027524e05252ce50f33bd07092df954","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574212658666655","authorIdStr":"3574212658666655"},"htmlText":"Please comment and like ![Smile]&nbsp;","listText":"Please comment and like ![Smile]&nbsp;","text":"Please comment and like ![Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/132117309","repostId":1148046992,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4463536,"gmtCreate":1622075693705,"gmtModify":1680791215373,"authorId":3575927670533252,"author":{"id":3575927670533252,"idStr":"3575927670533252","authorId":3575927670533252,"name":"schsch","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132117309,"type":1,"supId":0,"prevId":0,"content":"like and comment too","text":"like and comment too","html":"like and comment too"},{"id":4463538,"gmtCreate":1622075700188,"gmtModify":1680791215053,"authorId":3571992226593998,"author":{"id":3571992226593998,"idStr":"3571992226593998","authorId":3571992226593998,"name":"WinZ","avatar":"https://static.tigerbbs.com/650cc4793b013bfce45d446b3b745476","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.88%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132117309,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"},{"id":4463558,"gmtCreate":1622075737276,"gmtModify":1680791214167,"authorId":3577578440393201,"author":{"id":3577578440393201,"idStr":"3577578440393201","authorId":3577578440393201,"name":"Ahjennn","avatar":"https://static.tigerbbs.com/6f889035f499e201d659d4e8e4b6671a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132117309,"type":1,"supId":0,"prevId":0,"content":"Respond to my comment thx","text":"Respond to my comment thx","html":"Respond to my comment thx"}],"langContent":"EN"},{"id":132117964,"gmtCreate":1622075680058,"gmtModify":1704178898733,"author":{"id":"3571992226593998","authorId":"3571992226593998","name":"WinZ","avatar":"https://static.tigerbbs.com/650cc4793b013bfce45d446b3b745476","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571992226593998","authorIdStr":"3571992226593998"},"htmlText":"Pls help comment and respond","listText":"Pls help comment and respond","text":"Pls help comment and respond","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/132117964","repostId":1148046992,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4463535,"gmtCreate":1622075693183,"gmtModify":1680791212648,"authorId":3574212658666655,"author":{"id":3574212658666655,"idStr":"3574212658666655","authorId":3574212658666655,"name":"RoronoaZH","avatar":"https://static.tigerbbs.com/6027524e05252ce50f33bd07092df954","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132117964,"type":1,"supId":0,"prevId":0,"content":"Commented ! ","text":"Commented ! ","html":"Commented ! "},{"id":4463539,"gmtCreate":1622075701102,"gmtModify":1680791211330,"authorId":3575927670533252,"author":{"id":3575927670533252,"idStr":"3575927670533252","authorId":3575927670533252,"name":"schsch","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":132117964,"type":1,"supId":0,"prevId":0,"content":"ok do the same?","text":"ok do the same?","html":"ok do the same?"}],"langContent":"EN"},{"id":132114835,"gmtCreate":1622075656727,"gmtModify":1704178898407,"author":{"id":"3575581511094836","authorId":"3575581511094836","name":"Teruwa","avatar":"https://static.tigerbbs.com/88dfe40f779bb792adcca626b50b5b72","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":0,"idStr":"3575581511094836","authorIdStr":"3575581511094836"},"htmlText":"this is amazingly funny","listText":"this is amazingly funny","text":"this is amazingly funny","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132114835","repostId":1148046992,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":25,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148046992"}