Meme Stock Mania Has Returned- The Largest 5D Upside Move

DavidMarlin
2022-08-17

A full Dovish Pivot from the Fed is already in, according to the market.

Over the last 20 days, Financial Conditions have eased at one of the fastest paces in the last decade.

Even faster than the 2018 Powell Pivot.

$S&P 500(.SPX)$ $Invesco QQQ Trust(QQQ)$ $Apple(AAPL)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$Meme stock mania has returned with a vengeance.

The 5-day upside move in the “GS Most Shorted Stocks” bucket is one of the largest we have seen in the past 5 years.

$Bed Bath & Beyond(BBBY)$ $MicroStrategy(MSTR)$ $AMC Entertainment(AMC)$ $GameStop(GME)$ $Carvana Co.(CVNA)$ $Tilray Inc.(TLRY)$ $Revlon(REV)$ $Beyond Meat, Inc.(BYND)$

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