April is historically a good month for stocks. This year, not so much--at least the latter part of the month when all mid-month gains were wiped out. May doesn't look much better. Spring, it seems, has not yet sprung in the markets. And with the loud of a possible nuclear winter hovering above Wall Street and the world, a few better-than-expected job numbers here and there aren't going to do diddly.
We are in for a long and painful summer in the global equities markets. It is for this reason that I am hoping that the much-maligned (I'm not guiltless here) meme-stock crazy so-called "apes" reappear from the darkened forest and give a much-needed boost of optimism to the stock market. While a hedge fund being forced to swallow a short position will indeed not a sizzling summer stock market make, if some of the following short-squeeze candidates rocket up on Reddit fuel, I think market sentiment might improve. So, what should and are the apes looking at?
