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

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Investors are piling into meme stocks again, which could be dangerous 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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