GME

Updated

GME just got an after hours pump

which would turn the index green

if history rhymes the time that gme can flourish is with a weakening index and strengthening index

it could be time...

GRI 2022

Note

my initial thoughts were the red arrows would be the general path

if this weekly goes green the bottom may be in

if we consider gme moves with the dollar and against the index overall

Note

The January 2021 meme stock episodes offer a case study for the interaction of social media and stock prices. Twitter posts spiked in late January on days when daily trading volumes for GameStop (GME), as well as other meme stocks, rose sharply (figure D). These spikes also coincided with a jump in intraday volatility, as the daily standard deviation of one-minute price changes increased more than 10-fold from less than 0.25 percent to greater than 2.5 percent. Coincident with the dramatically higher price volatility, intraday trading flows for meme stocks (such as GME and AMC Entertainment Holdings [AMC]) became much more correlated, as illustrated in figure E.12 Higher flow correlations have the potential to amplify liquidity shortages in equity markets and may lead to price dislocations if sufficiently large.

Note

federalreserve.gov/publications/2021-november-financial-stability-report-asset-valuation.htm

Note

sorry apes not yet

Note

red arrows still in play

Great_Reset_Investing

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