The Newest Meme Stock

Wall Street Warrior Presents ➡ ➡ ➡ Remember the GameStop Corporation (NYSE: GME) and AMC Entertainment Holdings Inc. (NYSE: AMC) spikes of 2021? There’s another huge meme stock that took off last week. And it blows the others out of the water … Here’s the full story. In less than 3 weeks the recent IPO spiked +19,000%. Some people missed out on this play. If you’re one of them, count yourself lucky … this was a massive short squeeze. Which means there are a lot of people that got screwed. Plus, there will always be another spiker. And that’s what we’ve gotta prepare for. When there’s a big runner in the market, it can send out shockwaves that spike other stocks. They’re called sympathy plays. For example … Since the most recent meme stock is a software/tech IPO, keep an eye out for any others that start spiking. OPEC Agreement The Petroleum Exporting Countries reached a decision regarding supply for September. Here’s the full story. They’re raising supply a bit. Not drastically, but enough to hopefully ease inflationary pressure. The price per barrel has steadily declined over the last two months after reaching highs of $120 in June. Here’s a chart … We’re already seeing lower gas prices across the country. From a stock market perspective, this probably won’t impact major oil companies by much. Analysts predicted a small supply increase, and although prices are falling, demand for oil is still high. CVS Ready To Expand The drugstore chain announced today its plans to offer primary care. Here’s the timeline. This could be a pretty big deal. They’ve yet to announce a partner, but the company already has healthcare connections across the industry. They dominate their sector across the U.S. with over 9,000 stores … The main competitors are Amazon and Walgreens. Stock for CVS Health Corporation (NYSE: CVS) is up 5% today and it’s moving toward a breakout level at $110. Here’s a chart … We’ll keep you updated on the story going forward. Guardian Financial Publishing 3571 Far West Blvd Austin, TX 78731 test This email was sent to {EMAIL}. Don't want to receive these emails anymore?Unsubscribe Privacy Policy | Terms | Risk Disclosure