| | How to Find the Next GameStop (GME) "Squeeze" Play By Brandon Chapman
The S&P 500 faded today ahead of a looming raft of inflation data we'll see over the next few days.
In my view, given the recent strength of the market, traders seem to have bought the rumor… and are now poised to sell the news.
The result, for the moment, is a flat market. That said, one area of potential strength right now is in high short-interest stocks that are seeing bullish unusual option activity. | GME - no stranger to a squeeze - is seeing this kind of activity right now. We'll look at how to find the next gamma squeeze, and we'll look in on tickers like RH, PBI, BBAI, BB, MPW, FYBR, and KODK. | Let's get started… | | TheoTrade Daily Chatroom Schedule for Tuesday, May 14, 2024 9:20 AM to 10:30 AM: I'll be getting us ready for the cash open 10:30 AM to 11:30 AM: Professor Jeff Bierman teaches trading fundamentals 11:30 AM to 12:30 PM: Blake Young talks stocks and futures 12:30 PM to 1:15 PM: Gianni Di Poce watches the entire market for opportunity 1:15 PM to 2:00 PM: Brandon Chapman tracks big money flow 2:00 PM to 3:00 PM: Tony Rago hunts for golden setups in NQ charts 3:00 PM to 4:00 PM: Corey Rosenbloom aims for the best range and trend plays | Get Ready for an Update from Tony Rago Tony's "Golden Setups" presentation was a smash; it broke records for us. We sat down together and decided it would be best to do a follow-up as quickly as possible, with even more high-profit potential setups to go over. Keep your eyes peeled for that. Meantime, you can go here to see Tony's original presentation - can't hurt to prepare. | We'll talk again soon, | | Don Kaufman Co-Founder, TheoTrade |
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