OMG We're So Back

Regardless of how you feel about the funnymentals, it's very clear here that all that former resistance has officially turned into support.

And that's all that matters isn't it?

Your funnymentals don't matter when shorts are getting squeezed.

And look who decided to make an appearance on Twitter last night for the first time in years.

The leader and poster child of the modern short squeeze is back...

And while it's hilarious that the infamous roaring kitty is back in action, I think it does speak to the environment we're in.

GameStop still has almost 30% short interest

Meanwhile, the bellwether short squeeze stock Carvana $CVNA is up over 2000% since the beginning of last year.

This is a big theme that we're focused on right now.

Shorts who overstayed their welcome continuing to get squeezed.

Here is our Freshly Squeezed scan that sorts stocks by the largest short ratio.

As a reminder, the short ratio = days to cover all the shorts assuming average daily volume.

This Wednesday is our LIVE Mid-Month Conference Call for Premium Members of ASC Research.

In this video we're going to focus extra attention on these types of names, with high short interest, a heavy dose of days to cover, and momentum picking up fast.

Premium Members make sure to Register Here.

We'll get going LIVE Wednesday May 15th @ 6PM ET.

The Roaring Kitty is back.

Shorts are getting squeezed.

Meme stocks and the platforms where meme stocks are discussed are on the move.

I love these types of trades.

We got into the $DJT last week and we'll likely be adding to those positions.

See you Wednesday night!

JC

Collecting Supplemental Income

Friday's Options Execution Lab on Collecting Income went great!

I went step-by-step on how we enter each order to execute our Income strategy perfectly, following our Trading Plan the same way we do it every time.

You really don't want to miss it.

Check it all out HERE as a member of ASC Options