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On June 5, 2017, the artist uploaded an image of Meme Man overlaid on top of a stock photo of a man in a business suit with arms crossed and a chart pointing upwards behind him, and the caption "Stonks", a deliberate misspelling of the word "stocks". [5] The meme went viral and became a common reaction image on Reddit and Twitter. [6] [7] On ...
The phenomenon of dank memes sprouted a subculture called the "meme market", satirising Wall Street and applying the associated jargon (such as "stocks") to internet memes. Originally started on Reddit as /r/MemeEconomy, users jokingly "buy" or "sell" shares in a meme reflecting opinion on its potential popularity.
The Triple Exponential Moving Average (TEMA) is a technical indicator in technical analysis that attempts to remove the inherent lag associated with moving averages by placing more weight on recent values. The name suggests this is achieved by applying a triple exponential smoothing which is not the case.
Wall Street experts highlighted the most important stock market charts to watch into next year. From interest rates to software stocks, here's what Wall Street's top technical experts are watching.
That was the last time the U.S. stock market closed out a second straight year with a leap of at least 20%, something the S&P 500 is on track to do again this year.
Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
Internet phenomena are social and cultural phenomena specific to the Internet, such as Internet memes, which include popular catchphrases, images, viral videos, and jokes. When such fads and sensations occur online, they tend to grow rapidly and become more widespread because the instant communication facilitates word of mouth transmission.
Other so-called meme stocks also traded higher on Thursday after Gill's post. Shares of Unity Software closed up 5%, while cinema chain AMC, another darling of retail investors from 2021, climbed 6%.