GME isn't the only favorite target of short sellers
| | The stock market can be unpredictable… especially given today's social and political climate.
That's why you need a trading strategy that will net you consistent returns year after year — no matter what life throws your way.
That's where Trophy Trades can help.
This stress-free trading strategy allows you to capture more of a stock's gains without leaving large profits on the table. And it works even in the most turbulent of markets.
| | | | | | | Roger Scott | 20+ years of trading experience managed over $900 million teaching thousands daily. | | | | | | | | | | Everyone is talking about how GameStop, a perennially beaten-down video game retailer, has rocketed to the moon... and back… and to the moon again on a short squeeze.
Folks, it's already been a wild week on Wall Street and we're not even halfway done yet!
Short interest is a fairly simple formula where you take the number of shorted shares and divide by the number of shares outstanding. So say a stock has 1.5 million shorted shares and 10 million shares outstanding. The short interest would be 15%.
And while GME is a favorite among short sellers, it isn't the only one.
I have five stocks I want to bring to your attention that also have high open interest. And they are tempting fate in similar fashion as GameStop, which means they could explode higher and deliver big gains to shareholders before the short squeeze sends prices exploding higher.
| | | | 5 Stocks a Short Squeeze Could Send to the Moon | | | Why Stock Market Momentum is Narrowing
|  | Global stock markets are mixed today on concerns that slow COVID-19 vaccine rollouts and new "super strains" could delay economic recoveries around the world.
Investors are keeping a close eye on rising COVID-19 infections in several countries this week (like China, where it all started) because there's a new variant that seems to be infecting people easier than the first strain. People are worried that current vaccines might not protect against new strains of COVID-19.
That could be a huge problem, folks…
In today's video, I have more on why the stock market is currently fragmented… why momentum is narrowing… why we're seeing a divergence in price action… and a few sectors you might want to avoid right now.
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| To gain any real edge over the stock market, you have to look outside of the box and past the traditional approaches most traders use.
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