In less than 3 weeks the recent IPO spiked +19,000%.
Some people missed out on this play. If you're one of them, count yourself lucky … this was a massive short squeeze. Which means there are a lot of people that got screwed.
Plus, there will always be another spiker. And that's what we've gotta prepare for.
When there's a big runner in the market, it can send out shockwaves that spike other stocks. They're called sympathy plays.
For example … Since the most recent meme stock is a software/tech IPO, keep an eye out for any others that start spiking.
OPEC Agreement
The Petroleum Exporting Countries reached a decision regarding supply for September.
From a stock market perspective, this probably won't impact major oil companies by much. Analysts predicted a small supply increase, and although prices are falling, demand for oil is still high.
CVS Ready To Expand
The drugstore chain announced today its plans to offer primary care.
Post a Comment
Post a Comment