It is patently obvious that GameStop is not trading on the fundamentals as a company, and generally it is a good idea to sell into strength as a trader, especially in a stock with shaky fundamentals.
We examine the GameStop (GME) stock in this market video, checking in on the options prices, the technicals, and discussing general market and trading strategy regarding this strange period in financial markets.
Amazon Reading List
Courtesy of John Mark Gray, John has an MA in Philosophy and an MBA in Business. He has worked in academia, Fortune 500 companies, consulting, and financial markets. He has written many articles and white papers on financial markets and economics. He has a background in Logic & Game Theory and enjoys playing Chess and Poker in his spare time.
The views and opinions expressed herein are the author's own and do not necessarily reflect those of EconMatters.
© EconMatters.com All Rights Reserved | Facebook | Twitter | YouTube | Email Digest