Robinhood Forays Into Social Media
Robinhood is expanding beyond trading with the launch of Robinhood Social, set to debut early next year with a limited invite-only rollout before going wider. Users will be able to: 1) Post trades and follow other traders, 2) Discuss market moves directly in the feed, 3) Trade from within the app at no extra cost, 4) View verified P&L histories and even track trades of public figures via disclosures. CEO Vlad Tenev: “Robinhood is no longer just where you trade – it’s your financial superapp.” At its annual Hood Summit, the company also unveiled futures trading (S&P 500, oil, Bitcoin, gold), short selling, and overnight index option trading coming in 2025. $HOOD has already tripled this year and joins the S&P 500 on Sept. 22.
Korea's Kospi index at record high ‼️
👉 South Korea’s benchmark stock index Kospi surpassed the 3,300-point threshold for the first time in more than four years during early trading Wednesday. The global bull market is broadening.
Retail traders are reshaping IPOs
Wall Street is opening the door to individuals via platforms like Robinhood & SoFi. Bullish’s $1.1B IPO: 20% went to retail, stock jumped +143% on debut. Upcoming deals (Gemini Space Station, Figure, Via) are also reserving retail allocations. With retail now 20%+ of US equity trading, IPOs are no longer just for institutions. Source : Bloomberg
This chart shows how the SP500 has performed since 1980 when the Fed cut rates near all-time highs
On average, the index gained 3.3% over 3 months, 5.5% over 6 months, and 9.8% over the next year with markets higher 100% of the time after 1 year. Since 1980, Fed cuts near highs haven’t stopped bull runs. Source: StockMarket.News, Carson Investment Research
On a 5-year basis Spanish Equity Index (in USD) is the best performing index among G20
Source: Winsmart
$TLT jumps to highest price since April 📈📈📈 Ready to breakout?
Source: Barchart
As Fed rate cuts odds increase, stocks and bonds continue to be bid together...
Source: www.zerohedge.com, Bloomberg
Buybacks are inflating earnings per share
By shrinking share counts, companies make profits look stronger on paper even when most firms show flat or declining growth. The top 10 companies are the only ones delivering real growth. Indexes keep climbing because of them, while the S&P 490 and the broader economy remain weak. This is one of the disconnect driving the market. Source: StockMarket.news
