🚨Retail investors have bought every dip this year
The S&P 500 has returned 0.36% on average following a down day, the most ever recorded. By comparison, last year it was just 0.02%. Retail investors purchased over $50 billion in US equities since the April low. Source: Yahoo Finance, Global Markets Investor
Hermès just surpassed LVMH to become the world's largest luxury company.
"We're about craft, we're not machines" Source: Finchat
LVMH is now down 46.6% from all-time highs.
That's the company's largest drawdown in more than 15 years. $LVMH Source: Finchat
Post-election years tend to be weak early, then bottom in early April. ✔
Then they tend to rally hard in late April and May. ✔ Is this year really that abnormal? Especially when coming off back-to-back 20% gains? Maybe not Source: Carson, Ryan Detrick
Nvidia $NVDA stock is up almost 4% in after hours after beating EPS and Revenue expectations
Source: Barchart
SP500 200-day reclaim. Clean retest. Strong bounce.
Shorts are sweating. $SPY 🥵 Source: Trend Spider
Only 6% of Robinhood's revenue from stock trading, down from 25% five years ago.
The remainder comes from: Interest Revenue: 31% Cryptocurrency: 27% Options: 26% Other: 10% $HOOD Source: FinChat @finchat_io
US equities: still not cheap... (especially the large-caps)
Source: GS
