Why the Craziest Chart I’ve Ever Seen Is So Important
I’m sending MoneyWire early today because I’m about to head over to the studio for our special event that starts in just a few hours at 4 p.m. ET.
I’ve mentioned it to you before, and there is still time to sign up if you’re interested. It’s free to attend. All you need to do is RSVP by simply clicking here.
It’s called The Main Street Revolution Event, and you may be wondering what that means.
Let me give you a sneak preview …
We’ll start with a chart.
I’ve looked at thousands of charts through the years, but this is by far one of the craziest I’ve ever seen. It’s the last six months of GameStop (NYSE:GME), a video game retailer that was not well liked by Wall Street.
Then a group of individual investors “ganged up” through social media platform Reddit, targeted some of Wall Street’s favorite trades, and bet against them. GameStop was one of those stocks, and look what happened …
The volatility has continued. When I pulled this chart earlier today, the stock was down 16.5% … in less than 45 minutes of trading.
It’s a David and Goliath type of story. By joining together and focusing their collective buying power, everyday Americans created a stock market stampede.
The GameStop story was a microcosm of a larger trend … a populist revolt of the “little guy” taking on big, entrenched, bureaucratic institutions.
I believe we’re going to see little pockets of opportunities like GameStop in the future in all sorts of different markets … from stocks to commodities to bonds to currencies.
But the biggest opportunity of the coming populist financial revolution … the slingshot that David has in his back pocket to take down Goliath … is the cryptocurrency market.
Cryptocurrencies are the #1 weapon regular folks have against Wall Street.
This has huge implications for investors, and it’s what we’re going to talk much more about in The Main Street Revolution Event at 4 p.m. ET today. I’ll even give away one of my top crypto recommendations for 2021 — ticker symbol and all — for FREE.
Spots are still available, so I hope you can join me for this special event. You can register now just by clicking here.
As we saw with GameStop, I believe this can create incredible opportunities to make a fortune as a Main Street investor.
Now, I’m off to the studio. I hope to see you in just a few hours!
On the date of publication, Matthew McCall did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now.
