Category: Stocks

Will GameStop Stock (GME) Keep jumping up this week?

Recently huge news came out involving the Reddit Group WallStreetBets vs the shorting Hedge funds. Many people are wondering if the stocks involved in this historical Wall Street event will continue to rise. Although many stocks are involved, the one stock questioned the most is GameStop (GME). Here we will look at what made GameStop rocket up, why it may continue to, and why it may not.

(Disclaimer: we are not professional stock advisors, just people who like keeping up with certain stocks. We are not recommending any actions such as buying or selling these stocks.)

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Stock Market Sectors: Do they make sense? Is it organized chaos? Let’s take a look

So, you must be just as confused as I am about how sectors work in the stock market. Opposed just just trading stocks in companies, you can focus on booming market sectors like energy or technology, making it way more fun to lose your money. There are many classifications of sectors, industry groups, and industries (not to be confused with the industrial sector). But I have many unanswered questions. Where does Automotive go? Is it in industry? What about Tesla? Wouldn’t it be in tech and energy? Idk, let’s take a look.

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