Take a look at the retail ETF symbol XRT and be amazed. I’ve put an arrow where it pushed beyond even its upper resistance trendline. Pretty incredible in a partly-shutdown country, isn’t it?

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Take a look at the retail ETF symbol XRT and be amazed. I’ve put an arrow where it pushed beyond even its upper resistance trendline. Pretty incredible in a partly-shutdown country, isn’t it?
I wasn’t watching the market in 2008 as closely as I do today, so I didn’t observe the legendary Volkswagen Short Squeeze in real time. I have been watching the insanity in GameStop (GME), however, and it is jaw-dropping. This is a stock was was less than $3 only nine months ago, and it got up to about $140 this morning based on nothing but squeezing the everlovin’ life out of the bears, led by a merciless /reddit army.