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GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.
GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.

The latest rally in meme stocks has given AMC Entertainment and GameStop the biggest and third-largest market capitalizations among companies in the Russell 2000 index of small companies. The Russell indexes' annual reconstitution is coming up next week, so investors have been wondering it the pair might graduate into the large-cap Russell 1000 .

Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better
Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better

Were traders on the WallStreetBets subreddit right about GameStop (NYSE:GME) after all?

MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now
MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now

MarketWatch FUD media wrote: Could insider sales of meme stocks signal a coming crash in their share price? The empirical research suggests the answer is yes.

Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin
Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin

Elon Musk's repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter.

Bitcoin Price Falls Below $ 9,000s

The price of the first cryptocurrency began to decline a few hours ago. At the moment it is at the level of $ 8882


The price of the first cryptocurrency began to decline a few hours ago. At the moment it is at the level of $ 8882

On the evening of November 8, the average market value of Bitcoin fell sharply to $ 8750, after which it partially recovered. Now the asset is trading at around $ 8882, over the past few hours the Bitcoin / USD dropped with 4%. The capitalization of the first cryptocurrency currently stands at $ 163 billion.

Earlier, analyst Ayash Jindal correctly predicted the fall of the Bitcoin exchange rate. According to the expert, the decline in the value of the coin should slow down at $ 8920 and $ 8780. To resume the growth of cryptocurrency, it was necessary to gain a foothold above the level of $ 9300, the expert believes.

Sebastian Sinclair, an analyst at the Coindesk information portal, noted that the Golden Cross pattern is forming on the weekly Bitcoin chart. This figure is in favor of long-term asset growth. The last time, after its appearance, the value of the first cryptocurrency rose by 4500%.


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