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While 2020 was quite a year for electric vehicle stocks, 2021 is so far dominated by meme stocks. Earlier this year, meme stocks became popular as retail investors sent the price of GameStop (NYSE:GME) to ridiculous heights. GME stock went from $19.95 on Jan. 12 to $325 on Jan. 29. Source: Michael Vi This 1,529% gain over two weeks was attributed to traders in Reddit’s r/WallStreetBets forum pumping up the stock to create a short squeeze. Traders repeated this for a few more stocks before...

4 WallStreetBets Stocks to AVOID in April PLTR – Many investors expect the stock markets to experience another phase of uncertainty in the near term, with Reddit’s WallStreetBets (WSB) community likely looking for opportunities to benefit from a short squeeze by betting on stocks with high levels of short interest. Thus, we think investors must now adopt a more cautious approach in selecting stocks. Palantir Technologies (PLTR), GameStop (GME), AMC Entertainment (AMC), and Sundial Gr...

Most Popular Stories on StockNews.com Why is the Bull Market Out of Breath? Stocks do not go straight up. Instead we see lengthy bull runs followed by extended pullbacks and consolidation periods. That certainly seems to be the story for the S&P 500 (SPY) since mid-February as we struggle to get above 4,000. Why is this happening? And what is the game plan for what comes next? We cover that and more in this week’s commentary. Read on… Mar 31, 2021 | 12:07pm 3 Stocks Cathie Wood ...