However, since the SPAC's launch, DWAC has become a meme stock, trading more on speculation ... it's likely the SPAC's shares will be very volatile until Trump's "big announcement." ...

Interestingly, Newsmax's IPO was sold to 30,000 retail investors, who effectively turned the company into a meme stock. Newsmax's coverage has been very loyal to President Donald Trump.

Is now the right time to trade or fade this stock? One key chart pattern suggests what to ... on brand with one of the most volatile and interest-rate sensitive stocks in the market.

Interestingly, Newsmax's IPO was sold to 30,000 retail investors, who effectively turned the company into a meme stock. Newsmax's coverage has been very loyal to President Donald Trump.