{"id":1548761,"date":"2025-07-24T09:45:00","date_gmt":"2025-07-24T13:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1548761"},"modified":"2025-07-24T09:45:00","modified_gmt":"2025-07-24T13:45:00","slug":"meme-stock-mania-returns-bitcoin-at-ath-but-have-you-checked-used-rolex-prices","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/meme-stock-mania-returns-bitcoin-at-ath-but-have-you-checked-used-rolex-prices\/1548761\/","title":{"rendered":"Meme Stock Mania Returns,\u00a0Bitcoin At ATH.\u00a0But Have You Checked Used-Rolex Prices?"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Meme Stock Mania Returns,\u00a0Bitcoin At ATH.\u00a0But Have You Checked Used-Rolex Prices?<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>The meme stock craze of 2021 appears to be making a roaring\u00a0comeback this week.\u00a0<\/p>\n<p>On Tuesday, shares of Kohl&#8217;s soared as much as 90%, while premarket trading on Wednesday saw heavily shorted names, such as GoPro, jump 50% or more.<\/p>\n<p>It all began with Monday&#8217;s <a href=\"https:\/\/www.zerohedge.com\/markets\/meme-stock-mania-makes-glorious-return-thanks-mindblowing-open-gamma-squeeze\">massive\u00a0gamma squeeze<\/a> in Opendoor Technologies, which triggered a record surge in call option activity.\u00a0<\/p>\n<p>Check out the <a href=\"https:\/\/www.zerohedge.com\/markets\/its-meme-craze-2021-all-over-again-here-are-most-shorted-stocks-could-soar\">full list of heavily shorted stocks<\/a>.<\/p>\n<p>While another round of meme stock mania unfolds and Bitcoin hovers near record highs at $120,000, the focus here isn&#8217;t heavily shorted stocks or crypto.<\/p>\n<p>If you recall, during the Covid mania in markets,\u00a0<strong>luxury watch prices exploded<\/strong> as crypto bros and Robinhood traders bought Rolexes.\u00a0<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2025-07-23_08-45-20.png?itok=TzVsXmnq\"><\/a><\/p>\n<p>The latest data from\u00a0the <em>Bloomberg Subdial Watch Index<\/em>,\u00a0which tracks prices for the 50 most-traded watches by value on the secondary market,\u00a0shows that <strong>used Rolex prices have recently hit their highest level in two years<\/strong>, following a multi-year slump due to elevated interest rates.\u00a0<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2025-07-23_08-35-28.png?itok=k6lzXINe\"><\/a><\/p>\n<p>Earlier this month,\u00a0UBS analysts led by Zuzanna Pusz told clients that a\u00a0<a href=\"https:\/\/www.zerohedge.com\/markets\/winding-comeback-ubs-eyes-rolex-recovery-cycle\">meaningful recovery<\/a> in the <strong>global luxury market might not occur until 2027<\/strong>.<\/p>\n<p><em>The question remains if the latest rise in luxury used watch prices will sustain.<\/em><\/p>\n<p>Looking ahead, US interest rate swaps are pricing in the beginning innings of a cutting cycle in October.\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 07\/24\/2025 &#8211; 05:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/meme-stock-mania-returns-bitcoins-ath-have-you-checked-used-rolex-prices\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/personal-finance\/meme-stock-mania-returns-bitcoins-ath-have-you-checked-used-rolex-prices<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meme Stock Mania Returns,\u00a0Bitcoin At ATH.\u00a0But Have You Checked Used-Rolex Prices? The meme stock craze of 2021 appears to be making a roaring\u00a0comeback this week.\u00a0&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1548762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1548761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1548761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1548761"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1548761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1548762"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1548761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1548761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1548761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}