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SPDR S&P 500 ETF (ETF:SPY), Gamestop Corporation (NYSE:GME) - Can GameStop Short Squeeze Bring Down The Market? What The Experts Are Saying


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GameStop Corp (NYSE: GME) and others like the clothing retailer
Express, Inc (NYSE: EXPR) has seen a frenzy of late due to internet message boards, but is it possible that such volatility may end very badly for the wider market? Analysts and experts are presenting a mixed picture.
Blast From The Past: BTIG Head of Equity and Derivative Strategy Julian Emanuel said the present situation is reminiscent of the tech bubble crash in 2000, CNBC reported.
“We don’t see any signs yet, concrete signs, of a medium term trading top, but this type of volatility leads us to believe that similar to 1999 to 2000, you could get a 10% to 15% pullback at any time,” said Emanuel. ....

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