Meme trade: What does it mean for the broader market?

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Roaring Kitty News

Market Dynamics,Trading Session,Social Media Platform

The meme stock trade reemerged on Wall Street after the influential figure Roaring Kitty returned to the social media platform X during Monday's trading...

Josh SCF Joshua, should I be leaning forward?So we'll start back here and then All right, locked in, we're locked in.Guys, of course, we are talking about the meme that was posted last night right by Ro and Kitty.I think one of the broader takeaways I had from this was that if you guys remember we were talking about meme stocks, I think it was last week or two weeks ago and how games are starting to bubble up.

There's been random interest in this stock for a little bit now over the past month and really kind of broader in the markets. So it does feel like we're always still talking about it, but it hasn't been necessarily gamestop and a MC.I love the idea though, like, like the image in my mind of like the sleeper cells of like all of the, like uh Reddit traders or Wall Street bank tutors and then they were awakened, like the code word was, was like, how quickly, I mean, we are not surprised because that's just kind of how surprised but not shocked.

 

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