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Trending stocks this week as meme stocks heat up, S&P sets fresh record
4 Articles
4 Articles
Return of Meme Stock Mania Has Traders on Alert for Market Froth
The reemergence of meme stock mania last week has professional investors facing a quandary: ride the excitement of retail traders or take it as the latest warning sign that the frothy markets are due for a pullback.
Recently, several so-called meme stocks have surged on the American stock exchanges. The phenomenon risks affecting young savers hoping for quick cash, believes SPP's savings economist Shoka Åhrman.
The Market’s Having a Moment (And It’s Not Just Meme Stocks This Time)
Well, well, well. Look who decided to show up to the party fashionably late – the entire stock market. While everyone was busy doom-scrolling about everything from AI taking over the world to whether Bitcoin is digital gold or digital fool’s gold, the S&P 500 quietly went ahead and hit its 14th record close of the year. Yeah, you read that right. Fourteenth. At 6,388.64, the S&P is basically doing victory laps around the track while the rest of …
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