The crucial price threshold is the fulfillment of many bullish projections. But were we right for the wrong reasons? Read More
Tag: memes
Get ready to feel old: The “All Your Base” music video turns 20 today
Enlarge (credit: Newgrounds / Aurich Lawson) As the Internet began crystallizing into its modern form—one that now arguably buttresses society as we know it—its anthropology of common language and references matured at a strange rate. But between the simple initialisms that emerged by the ’90s (ROFL!) and the modern world’s ecosystem of easily shared multimedia, […]
Why the GameStop YOLO trade has me bullish
For all the angst and bickering brought about by the market moves of the past week—longs vs. shorts! hedge funds vs. retail investors! Robinhood vs….Congress!?—I am left with one overwhelming feeling: bullish. After all, consider what made the GameStop short squeeze possible in the first place. Namely, so many individuals had so much money in […]
Tesla, GameStop, and the power of ‘meme stocks’
“Who controls the memes, controls the Universe” — Elon Musk (June 26, 2020) Eons ago, when I was interviewing for a job at another financial publication, I could tell the precise moment everything went off the rails. All was going well—until my last interview when a wizened editor showed up and asked me a question […]