Hypothesis: The impact of the retail trading war $SPY
Well, GME has over a 20B market cap, AMC is banned from Robinhood, and institutions are furious.
With institutions getting clapped on daily what is going to happen to the rest of the market. Will stonks continue to rise? I don't believe so and let me tell you why.
Smart money is losing big on shorts and will have less money on margin. This will force them to cover those shorts and drive meme stocks higher. I think we will see a ripple effect, as money rotates in meme stocks, such as $GME, $AMC, $BB, and Nokia (whatever the ticker is). We will also see a large amount of money rotating out of blue chips and major etfs. Inflows are slowing down as outflows are picking up on the NYSE & the NASDAQ.
SHORT SPY
Note: I am not a qualified person to give you advice on the fundamentals of the market. I simply hit bangers consistently by using trend lines and fib-guccies
With institutions getting clapped on daily what is going to happen to the rest of the market. Will stonks continue to rise? I don't believe so and let me tell you why.
Smart money is losing big on shorts and will have less money on margin. This will force them to cover those shorts and drive meme stocks higher. I think we will see a ripple effect, as money rotates in meme stocks, such as $GME, $AMC, $BB, and Nokia (whatever the ticker is). We will also see a large amount of money rotating out of blue chips and major etfs. Inflows are slowing down as outflows are picking up on the NYSE & the NASDAQ.
SHORT SPY
Note: I am not a qualified person to give you advice on the fundamentals of the market. I simply hit bangers consistently by using trend lines and fib-guccies