Another year for the so called "dumb money." It's been a trend for a few years now...
Robinhood traders cash in on the market comeback that billionaire investors missed
https://www.cnbc.com/2020/06/09/robi...rs-missed.htmlRetail investors capitalized on the market comeback, unlike the billionaire hedge fund managers who said stocks would retest their lows.
Millennial-favored stock trading app Robinhood saw new investors piling into stay-at-home stocks and those most beaten down by the economic shutdown, like airlines, casinos and hotels.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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