Santa rally? Yes, Christmas is just around the corner and we do expect a classic Christmas rally towards these few weeks. Actually, I believe the recent surge is related to the Christmas rally as well. Of course mainly is contributed by our Santa Powell with his dovish speech recently.
Inflation seems to be under control, pretty well. Other than rally in the leader stocks, we did see some movement on the meme stocks as well. A few notable and remarkable meme stocks recently are $Faraday Future Intelligent Electric Inc.(FFIE)$
It's at your own risk and decision, whether or not to participate in the meme maniac. Without doubt, the risk is high and require some luck and very technical skills to trade meme stocks. You won't be able to buy and hold as you need to set right cut loss if anything goes wrong. Personally, I only trade meme when the market is good and bullish. By using a small portion of the profit that I gain in the other stocks, I will bet little on meme stocks to multiply my profit gained from other stocks. But I may end up losing all the profit gained too.
Will you invest in meme stocks? Come and share your opinions below with us.
@TigerStars @CaptainTiger @MillionaireTiger @Tiger_comments @Daily_Discussion @TigerPicks @TigerEvents
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.
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