Retail traders took over this week.
Off-Exchange Volume hit 52% of all US equities traded yesterday
This is the highest level on record, exceeding the prior retail peak of Jan ‘21 (~50%).
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $GameStop(GME)$ $AMC Entertainment(AMC)$
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Hedge funds got roasted in Meme Stock squeeze.
We just witnessed a 4-Sigma day in HF VIP Longs vs Most Shorted Stocks (-5.9%).
This is the 2nd worst day since the original Meme Stock Mania.
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https://x.com/Marlin_Capital/status/1791511378093609419
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