A flood of new retail investors into brokers like Robinhood, alongside the market's major rebound from the depths of its March low has developed into a popular narrative that new retail traders are driving the rally.
"More Robinhood customers moving into a stock has corresponded to lower returns, rather than higher," Barclays told clients. The analysis "casts doubt on the idea that retail holdings are the cause of market returns," Barclays analyst Ryan Preclaw told clients. Preclaw said that just because more Robinhood clients buy into Amazon and the e-commerce giant's stock rises, doesn't mean the e-broker presence it driving the stock.
50% true
We all know Fed liquidity is behind the rally. It's a phony rally no matter how you dissect it.
more importantly it's a darn shame a very prominent intl investment bank is reduced to and spends time and resources shadowing Robintrack and Robinhood. must be a sign of the times in the financial industry. 🤔 i miss the stock split and m & a days.😉
Jim was just saying the opposite here 2 hours ago
Two_Fo
If you want to gamble go to a casino. There are a selection of games and the drinks are free.
Somebody share this info with jimcramer
...no sh*t. You'd have to be a moron to believe that the small amount of money that RH traders put into the market moves it in any meaningful way.
I'm curious what the top 10% Robinhood accounts are worth? I'm also curious what the next 20% are worth...
Shocker, its amateur hour. And they all deserve it cuz it is all about greed and easy money.
stop rubbing it in i get it
The government is buying stocks and bonds.
jimcramer is real quiet about this lol
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