All eyes on GME

Well there's no question what the talk of Wall Street is right now. The Reddit-led rebellion against short-sellers, primarily centered around shares of Gamestop (GME), continues apace. How will Friday fare? It's hard to know. Shares were up as high as $312 in after-market trading. The news is so consuming, it's overshadowed even Apple's earnings report, which was a massive success yesterday. Even with incredible revenue numbers, Apple shares dipped 3.5% on the day. But neither GME or AAPL are in one of Wall Street's hottest sectors: biotech. Do you remember our friend Lou Basense? Maybe this will jog your memory: Lou, Rob, and a DeLorean. Remember those scenes? Well, if you don’t, just know that Lou is a twenty-year trading veteran who once helped direct $1.5 billion in institutional capital at Morgan Stanley. And now, he’s explaining his seven step system for identifying the biggest breakout stocks in the explosive biotech sector! Lou will show you everything you need to know (and even share his favorite ticker) in a special class this Saturday, January 30 at 11:00 AM EST. [Click here to save your spot at the event!]( (By clicking this link, you’ll automatically be opted into the briefing, as well as periodic updates from Lou’s Trend Trader Daily ([privacy policy]( and Rob ([privacy policy]( GameStop: the War On Wall Street Still confused by what's going on with the GameStop story? No judgment here! it can be hard to follow. [We did our best to explain it in this article](. Essentially, what we're watching is a bit of a revolution, a group of the "little guys" joined by a common internet home (on Reddit) leading a revolt against the Wall Street Elites. If you're the kind of person who doesn't trust the power brokers on Wall Street (as many of our traders are!) then you love to see it. It's just a reminder that retail traders DO know how to be successful, and actually can move the market with enough force. Buy Into Panic, Sell Into Euphoria Those are two of Rob Booker's 20 Rules of Trading, and they would have helped traders a ton this week on Wall Street. Fortunately, you can learn the rules those big wigs didn't know by [grabbing Rob's 20 Rules of Trading here](. With it, you'll get a recording of Rob's "Brain Download" class, where he taught traders just about everything he has learned through his 20-year career. All that for just $5. Not a bad way to end the week. [Grab your copy here]( There’s only one topic on Wall Street at the moment. GME (GameStop). It’s an unprecedented revolt, a class war of sorts. It’s the haves (Wall Street Pros) versus the have-nots (retail traders), and the have-nots are cleaning their clocks. GameStop is not a great company. It’s okay, not great. It isn’t Apple, Amazon, or Tesla. It’s a company that might be okay in the future. But it isn’t about that. This is about retail traders hunting down Wall Street’s big Short positions and making them pay. Buying GME en masse makes hedge fund positions deeply negative, which forces them to buy back their Short positions, which leads to more buying and more frenzy. It’s a modern-day Tulip Bubble. But was this some anomaly to be gawked at from the sidelines? Or was this a possible trade? The answer is that it was doable for anyone. After all, GME was a buy trade recommendation in November 2020 in the 1K Club. It was only a 39% gain at the time because, of course, who knew? Hindsight teaches traders a lot. Happy Friday! Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument.   Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States [Update your subscription]( — [Unsubscribe](