Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market

Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in the process they’re raising a “red flag” for the S&P 500 Index.

When some of the most heavily-shorted stocks in the market rally, like meme shares are doing now, and safe havens like consumer staples slump, investors should prepare for a few days of weakness in the broader market, according to

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Tupperware shares are up 165% this week as meme stock mania takes hold | CNN BusinessThe meme traders are back. Shares of Tupperware have exploded by about 165% this week and more than 300% over the last month for no discernible reason.
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U.S. stocks open higher after PCE report shows inflation eases again in JuneU.S. stock indexes opened higher on Friday, looking to book narrow weekly gains after an inflation gauge showed further signs of cooling in June. The Dow Jones Industrial Average rose 223 points, or 0.6%, to 35,511:
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