1. Gamestop +240% One-Month
Dave Lutz Jones Trading KITTY ROARS– Wall Street is feeling meme stock déjà vu. An army of small investors this week have been driving up the price of GameStop, the video game retailer whose enormous 2021 rally led to fame for the stock’s chief social-media savvy booster (Keith Gill, known as Roaring Kitty), a Netflix series and a movie, a congressional hearing, an investigation by securities regulators — and steep losses for those who mistimed the stock’s rapid rise and fall.
2. List of Short Squeeze Candidates
J.C. Parets All Star Charts
https://allstarcharts.com/about/jc-parets
3. Blackrock 60/40 No New Highs Yet
4. Utilities +19% in 3 Months
5. Another U.S. Dominance Chart
6. Wind and Solar Scaled Up Fast
https://www.carbonbrief.org/wind-and-solar-are-fastest-growing-electricity-sources-in-history
7. 40% of Homes Mortgage Free
The transmission mechanism of monetary policy is weaker because a rising share of US homes don’t have a mortgage, and about half of all mortgages have an interest rate locked-in below 4%, see charts below.
Torsten Slok, Ph.D.Chief Economist, Partner
8. No Shock with Rates Higher and Post-Covid Boom Hangover….Second Home Sales at 6-Year Low
9. The Economics of $15 Salad….Sweetgreen in Red
10. Absenteeism Chicago Teachers
