How to Protect Your Investments in Volatile GameStop Market

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Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.

Who really needs meme stocks like GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC), when the overall U.S. market keeps on flying high? The good ol’ trusted S&P 500 (INDEXSP: .INX) closed at another record high after four consecutive green days this week.

The GameStop saga has shown newbie or renegade investors a thing or two, however: The efficiency of a market. News outlets said the stock market is broken on the backs of hedge funds losing billions in the GameStop stock run-up. But, the fact is the stock market will eventually spotlight any unbalances, misallocation of capital, and misguided investors. The market is the ultimate crucible of truth, no matter the corruption and collusion, simply due to the forces of supply/demand.

So, how does this help the FOMO traders who chased the meme stocks explosion, only to now be holding the bag?

Watch the full interview for trading strategies and golden rules to determine when to trade a price break-out or break-down.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.