Market Recap | May 13th | Hottest Market Contracts 📈

Market Closes On Mixed Bag Feelings In Anticipation Of Econ Data ��

The market ended on a mixed bag of results while the meme community came back to life while RoaringKitty resurfaced on Twitter after a 3 year hiatus. However most retail investors sat on the sidelines in anticipation of an inflation report that could be the starting line for rate cuts to be back on the table for this year. Let’s take a look at how our indexes did:

• The S&P500 closed just above its flat line

• The Nasdaq Composite moved about 0.2%

• The Dow Jones Industrial Average snapped its 8 day winning streak shedding about 0.2%

RoaringKitty’s return to X put meme-stocks on the table today and made some of our biggest market movers on the day. GME 72.21%↑ shares saw a 74% jump as the game company headlined the market again today. AMC 104.17%↑ also closed with a high of 80% heading into market close, where people like PeloSwing & Zack Morris have been preaching about the stock going above $3.50 since late April, where members of FU Money Club & PeloSwing VIP saw returns of 274% on call outs today alone 🤯.

Hottest Contracts In The Market ��

• $AMC 8C 05/17 EXP | 174K Volume | 21K OI | $6.1M Prems

• $XLE 80P 09/20 EXP | 145k Volume | 22.4K OI | $7.7M Prems

• $IWM 196P 06/21 EXP | 144K Volume | 132k OI | $25.8M Prems

Hottest Contracts Will Be Below ⬇️