The Invest Smarter Podcast

(EP.16) Gamestop and the Gamified Stock Market

Written by David DeWitt, CFP® | Jan 29, 2021 8:10:18 PM

Hey guys so every week or every other week (still deciding), I'm going to have another version, call it a subchannel, of the podcast where I spend 15-20 minutes talking about what's on my mind regarding the markets, what I'm watching, what's catching my eye, and so on where I just get it out of my system. I'm thinking of a name for the subchannel so if you have any thoughts, let me know. Hope you like it, please let me know what you think by emailing yourmoneydewitt@gmail.com

In the first rendition, I talk all about the Gamestop situation. I cover

  • How it all started
  • Why it's happening
  • Why it will happen for a while
  • How the market is gamified
  • Why this won't last forever
  • Fundamentals vs. "flow"
  • An alternative to the "meme stock of the week" strategy

 

Heres some of the articles I read in preparation

https://www.reuters.com/article/us-retail-trading-memes-idUSKBN29Y0QZ

https://www.reuters.com/article/us-retail-trading-memes-idUSKBN29Y0QZ

https://www.google.com/url?q=https://www.nytimes.com/live/2021/01/27/business/us-economy-coronavirus/stocks-have-their-worst-day-since-october&sa=D&ust=1611950494046000&usg=AOvVaw1nBRrJfgwc7_jVQ9rQLN9M