A confluence of events has caused a big upsurge in retail trading triggering some wild swings on certain stocks. Is this a short-term phenomenon or a troubling trend? John O’Connell explains to Mark Bunting why we’ve seen this movie before and that it will likely end badly for the new breed of “retail bros”.
Also read the New York Times article about the Robinhood app that is specifically designed to encourage retail investors to trade faster and trade more, which can lead to calamitous results for traders but is great for Robinhood.