forex signal system trading: Meme stocks are back

These stocks, that first started to be inflated by a group of traders from the Reddit forum WallStreetBets, have started to climb again ahead of earnings.

And with more trading and more growth going on after hours, it's only increasing the sense of volatility in the market right now.

Of course, it's also giving us some opportunities for potentially really cool momentum trades.

Remember, a couple of weeks ago, we talked about the old adage "sell in May and go away."

And like I told you then, I think that mindset is crazy! There's plenty of great trading opportunities throughout the summer.

But now that summer is basically officially upon us, it's also smart to realize that the warmer months do usually carry some extra volatility.

The markets tend to be pretty choppy in the summer.

And that means it can be hard to trade these big meta trends that Wall Street traders look for.

But it doesn't mean there's a lack of opportunity out there.

Choppy markets aren't a reason to go away, they're just an opportunity to look for the potential beneficiaries of volatile conditions.

One sector I think could be strong this summer is energy.

With folks starting to travel again, I'd look for companies like XOM and other travel-related investments to start to (or in some cases continue to) climb!

I hope you're having a great shortened week!

Chat Soon,

Markay

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Meme stocks are back

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