We thought it would be interesting to look back at the stock float and short interest of GameStop on the one-year anniversary of its epic short squeeze. GME ushered in a new era of “meme stocks” followed by millions of traders on social media. Let’s check out how likely it is that we’ll see another squeeze.
We thought it might be interesting to analyze the reported data and list the lowest float stocks and the highest short interest stocks for January 2022. We’ll break this out for the five financial sites: Yahoo Finance, Finviz, TD Ameritrade, Morningstar, and the Wall Street Journal. Let us know if you find this useful for your trading.
Let’s improve on the volume indicators for your default Thinkorswim chart. We’ll add easy-to-read labels for Total Volume, Current Bar Volume, Premarket Volume, and more. We’ll also add dual-colored volume bars to get a visual representation of the buying and selling volume for each candle. We’ll accomplish this with thinkScript, the built-in programming language for Thinkorswim. The process is easy and only requires some simple copying and pasting.