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Dave Mazza, Managing Director and Head of Product at Direxion , joins Yahoo Finance to discuss the outlook on the market and the meme stock madness. Video Transcript
KRISTIN MYERS: But I want to continue this market conversation now. We’re joined by Dave Mazza, managing director and head of product at Direxion. Dave, I just want to quickly ask you about some of these meme stocks before we pivot to the broader market conversation just from what Jared was just highlighting. How are you approaching some of these meme stocks? Because I don’t think a day goes by without some of my friends, my family hitting me up, asking me about AMC or GameStop or some of these other stocks that we are seeing just have incredibly impressive– I’ll even call it– runs into the upside. Then, of course, before crashing back to reality.
How are you approaching some of these meme stocks? Are you leaving money on the table if you ignore them?
DAVE MAZZA: On one hand to your point, it can be exhausting thinking about the meme stocks because they’re evolving all the time. On the other hand, again, if you have the ability to take some action […]