Retail Trading Just Hit An All-Time High. Here’s What Stocks Are The Most Popular

  • 📰 Forbes
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Retail trading hit an all-time high this year, according to JPMorgan data, as non-institutional market participation enjoys a renaissance amid a favorable start to 2023 for equities, even surpassing 2021’s high-profile, meme-driven surge in day trading.

... [+]The percentage of total trading volume coming from retail investors was about 23% from January 25 to February 1, JPMorgan’s Peng Cheng wrote in a note to clients this week, narrowly edging out the record retail share of 22% in the pandemic-fueled trading frenzy and a massive increase in retail volumes since late last year, when it hovered at about 15%.

Meme stocks like GameStop, AMC and Bed Bath & Beyond are each up 35% or more this year, despite the latter being on theof insolvency, and retail volume remains concentrated in smaller stocks, but habits of day traders are shifting, according to Cheng’s analysis. Retail investors are accounting for an increasing percentage of total trading volume for large cap stocks, according to Cheng, and the most-bought stocks among non-institutional traders were Amazon and Apple, while the most sold was Tesla.

Cheng also shared a declining percentage of options trades among private investors, with the high-risk, high-reward trades accounting for about 12% of all trades in the most recent week, down from about an 17% share in early 2021.from the last 24 hours on the WallStreetBets subreddit, whose more than 13 million subscribers drive much of the retail trading activity, reads: “​​META Yolo, up $75k so far, gunna keep holding.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

KenGriffinLied CitadelScandel KenGriffinLied KenGriffinToJail KenGriffinLiedUnderOat KenGriffinLied CitadelScandel KenGriffinLied KenGriffinToJail KenGriffinLiedUnderOat KenGriffinLied CitadelScandel KenGriffinLied KenGriffinToJail KenGriffinLiedUnderOat AMC APE

amcneverleaving 🦍🍿

By using the word “meme” are you suggesting that trading has never been a matter of retail investors hearing about a good stock from a friend and buying it and holding it long term? What is the difference between a meme stock and any other stock that has lost 70% value last 2 yr

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Retail Trading Just Hit An All-Time High. Here’s What Stocks Are The Most PopularLongtime meme favorites GameStop, AMC and Bed Bath & Beyond are each up 35% or more this year, but it’s far more traditional stocks driving the latest retail activity. nobody like stocks. the gains are too small and corporate america sucks. Any news drives up the market. Will terrorism, war or a financial crisis bring it down? Might need a hat trick to finally tank it. Too much dumb money out there! US could use a punch in the face
Source: Forbes - 🏆 394. / 53 Read more »