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On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills discuss the state of the consumer and stock market gains following Wednesday's Consumer Price Index (CPI) print. The Dow Jones Industrial Average (^DJI) surpassed the 40,000 mark for the first time, while the S&P 500 (^GSPC) topped the 5,300 level amid broad-based market gains. Despite the rally, UBS Investment Bank Chief Strategist Bhanu Baweja joins the show to discuss why he believes markets may be due for "a reality check." Compounding the financial strain on consumers, the Energy Information Administration (EIA) reports that gas prices could increase by $0.10 this summer, prompting an examination of the state of the consumer. The show covers several trending tickers, including Deere & Company (DE), which lowered its full-year profit guidance, GameStop (GME), which experienced a slump amid the slowing meme trade frenzy, and Canada Goose (GOOS), which beat fourth-quarter profit expectations. This post was written by Angel Smith

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Investor sentiment: What Investopedia's 'Anxiety Index' reveals

With uncertainty in the market, Yahoo Finance checks the temperature on what Investopedia Editor-in-Chief Caleb Silver calls investors' "cautious optimism." Silver joins Yahoo Finance to discuss what is currently worrying investors, from inflation to the US presidential election. Silver says that meme stocks are also on investors' minds, but highlights a key difference between 2021 and the current meme trade: "Difference between now and 2021, higher interest rates, right? The difference between now and back then — there wasn't any sports or not a lot of sports or not a lot of sports betting. We're in the midst of the playoffs right now. We've got golf tournaments happening. There's a ton of sports betting going on right now, and I think a lot of these people that like to day trade and play the options game and play the zero days to even futures, I think a lot of them have the, the propensity for sports gambling as well." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Meme stocks are like 'playing the lottery': Investor

The meme stock rally is fizzling out as shares of both GameStop (GME) and AMC Entertainment (AMC) are falling after two days of massive gains. Financial Analyst and YouTuber Kevin Paffrath joins Market Domination to discuss the meme stock craze following the online return of “Roaring Kitty.” “It feels like we’re back at the beginning of 2021,” Paffrath says of the meme sock action. He adds that he sees meme stocks more as “momentum stocks,” as it ultimately boils down to volume. When getting into momentum stocks, Paffrath says that investors should go in prepared to lose 100% of their money as these stocks move quickly. He notes that the rally in 2021 was fueled by the stock market “going straight up” for nine months. He also points to people using their stimulus checks toward momentum stocks, which allowed companies like GameStop to take off. However, as inflation remains sticky, wallets are tighter and fewer people are willing to invest in momentum stocks this time around. “It’s sort of like playing the lottery,” Paffrath says. “People don’t generally care about the mechanics behind it. They just want to make money, and I don’t blame that because times are tough,” he adds. He also highlights how these rallies are great for the companies, analyzing how AMC “basically got three months of free operating expenses to pay for their employees and their theaters" from this week’s gains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

These Stocks Moved the Most Today: GameStop, AMC, SunPower, Dell, Monday.com, Nextracker, dLocal, and More