Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Meme stocks have wiggled their way back into Wall Street conversations as social media companies Trump Media & Technology Group (DJT) and Reddit (RDDT) began trading at high valuations despite the companies actively losing money. Public COO Stephen Sikes and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the renewed interest in meme stocks, FOMO investing, and what investors need to keep in mind when considering chasing this trend. Sosnick explains his rubric fo...
It's another big day for meme stocks. GameStop (GME) shares fell sharply at the open after the video game retailer reported disappointing fourth-quarter results. One stock on the rise is Trump Media & Technology Group (DJT). The parent company of social media site Truth Social soared for a second day after officially merging with Digital World Acquisition Corp. and adopting the new name and ticker. For more expert insight and the latest market action, click here to watch this full episode of ...
The cash-strapped Donald Trump would benefit from tapping his billions in new paper wealth generated by DJT. But he might have no choice but to wait.
The latest investor updates on stocks that are trending on Wednesday.
Strong short interest in Trump's public media company Truth Social suggests a gloomy view of its future.
How can a company with $3 million in revenue be worth over $9 billion?
Trump Media & Technology Group started trading on the Nasdaq Tuesday and shot up more than 40%. Since the company loses money and has other issues, short sellers are interested. Also, since it is trading like a meme stock that is unhinged from economic fundamentals, it could trade even higher and that would create big losses for short sellers.
The former president's media company got a warm response in its SPAC merger today.
Shares of Trump Media & Technology Group surged at the open on Tuesday. Donald Trump is set to benefit from the rise in value of the company that houses his Truth Social platform as it starts trading on the public market.