by scuczu
Tiny investors are historically bullish. Last week, the smallest of options traders (those who trade 10 contracts or fewer at a time) positioned themselves to bet on a rally, buying bullish calls and selling bearish puts at a record pace, according to Sundial Capital Research. “When we look at a group of traders who tend to be wrong at emotional extremes, the warning sign is clear,” said Jason Go…
www.bloombergquint.com/markets/extreme-behavior-is-on-display-everywhere-in-the-stock-market
Stock trading is the new sports betting. Three of the top online brokerages had almost 800,000 sign-ups in March and April. “I’m not here for the long run – I just want to throw a thousand bucks at something to see if I can make a few hundred.” t.co/9bYIfouOav
— Lisa Abramowicz (@lisaabramowicz1) May 20, 2020