'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?

49
13
Favorite

'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?

benzinga2021-03-23

The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（13）

Noohk
·2021-03-23
Is this really the case?
Reply
4
Report
Fold Replies
- NoohkReplying toNoohk:
  Hello again
  2021-03-24
  Reply
  Report
- Noohk:
  Hello
  2021-03-23
  Reply
  Report
- Noohk:
  Maybe
  2021-03-23
  Reply
  Report
gkwok1902
·2021-03-23
When pump?
Reply
2
Report
wenns
·2021-03-23
[微笑]
Reply
2
Report
Fold Replies
- Kelzz:
  [微笑]
  2021-03-23
  Reply
  Report
Yoxin
·2021-03-23
Ok
Reply
4
Report
Fold Replies
- Yoxin:
  Ok
  2021-03-23
  Reply
  Report
Jerrylsh
·2021-03-23
Lol
Reply
2
Report
Ak91
·2021-03-23
Pls lik n comment. Thank you
Reply
3
Report
Fold Replies
- Bodoh:
  Thank you
  2021-03-23
  Reply
  Report
FFX
·2021-03-23
Will continue. Agree?
Reply
1
Report
BRVVE Mutual Fund
·2021-03-23
Comment
Reply
1
Report
Fold Replies
- N30:
  [OK]
  2021-03-23
  Reply
  Report
- KyleFong:
  Sure. Please leave a comment as return
  2021-03-23
  Reply
  Report
Bliang
·2021-03-23
For sure
Reply
4
Report
traderbob
·2021-03-23
Pls rocket
Reply
5
Report
Fold Replies
- traderbob:
  hope it happens
  2021-03-23
  Reply
  Report
- traderbob:
  hope it happens
  2021-03-23
  Reply
  Report
- wyggy:
  [美金]
  2021-03-23
  Reply
  Report
View more 1 comments
AS78
·2021-03-23
Do u dare to buy stock now? [得意]
Reply
4
Report
Fold Replies
- 咩咩虎:
  Yss
  2021-03-23
  Reply
  Report
Supersonia
·2021-03-23
Trade with care not impulse.
Reply
4
Report
Fold Replies
- Abundance Thankful:
  [财迷]
  2021-03-23
  Reply
  Report
KinKat
·2021-03-23
Here we go again [得意]
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1150678912?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-23 08:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1150678912","market":"us","top_or_hot":-1,"title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","media":"benzinga","content":"<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","article_id":"1150678912","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","pubTimestamp":1616460565,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"“stimmy”支票与股市：散户交易狂潮还会继续吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":353345249,"gmtCreate":1616464929681,"gmtModify":1704794425388,"author":{"id":"3575026249502323","authorId":"3575026249502323","name":"Noohk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575026249502323","authorIdStr":"3575026249502323"},"htmlText":"Is this really the case?","listText":"Is this really the case?","text":"Is this really the case?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/353345249","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3866774,"gmtCreate":1616546601203,"gmtModify":1680781480226,"authorId":3575026249502323,"author":{"id":3575026249502323,"idStr":"3575026249502323","authorId":3575026249502323,"name":"Noohk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3575026249502323,"repliedAuthor":{"id":3575026249502323,"idStr":"3575026249502323","authorId":3575026249502323,"name":"Noohk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":353345249,"type":1,"supId":3859134,"prevId":3859146,"content":"Hello again ","text":"Hello again ","html":"Hello again "},{"id":3859146,"gmtCreate":1616465093973,"gmtModify":1680781360906,"authorId":3575026249502323,"author":{"id":3575026249502323,"idStr":"3575026249502323","authorId":3575026249502323,"name":"Noohk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353345249,"type":1,"supId":3859134,"prevId":0,"content":"Hello","text":"Hello","html":"Hello"},{"id":3859134,"gmtCreate":1616464967714,"gmtModify":1680781359152,"authorId":3575026249502323,"author":{"id":3575026249502323,"idStr":"3575026249502323","authorId":3575026249502323,"name":"Noohk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353345249,"type":1,"supId":0,"prevId":0,"content":"Maybe ","text":"Maybe ","html":"Maybe "}],"langContent":"EN"},{"id":353345898,"gmtCreate":1616464922314,"gmtModify":1704794425224,"author":{"id":"3573733574332120","authorId":"3573733574332120","name":"gkwok1902","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573733574332120","authorIdStr":"3573733574332120"},"htmlText":"When pump?","listText":"When pump?","text":"When pump?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353345898","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353342526,"gmtCreate":1616464883565,"gmtModify":1704794424576,"author":{"id":"3573628867735517","authorId":"3573628867735517","name":"wenns","avatar":"https://static.tigerbbs.com/56a10a99293efcd3e1e25084a2bcecbf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573628867735517","authorIdStr":"3573628867735517"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353342526","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3859133,"gmtCreate":1616464944572,"gmtModify":1680781356457,"authorId":3569232528431910,"author":{"id":3569232528431910,"idStr":"3569232528431910","authorId":3569232528431910,"name":"Kelzz","avatar":"https://static.tigerbbs.com/ae9c1aa2f12f5072e158a0f61fabb3e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353342526,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"CN"},{"id":353357412,"gmtCreate":1616464221836,"gmtModify":1704794414358,"author":{"id":"3571470148893542","authorId":"3571470148893542","name":"Yoxin","avatar":"https://static.tigerbbs.com/3184024bf3d660bd49cc2158ebd27b3f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571470148893542","authorIdStr":"3571470148893542"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353357412","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3859046,"gmtCreate":1616464228874,"gmtModify":1680781361155,"authorId":3571470148893542,"author":{"id":3571470148893542,"idStr":"3571470148893542","authorId":3571470148893542,"name":"Yoxin","avatar":"https://static.tigerbbs.com/3184024bf3d660bd49cc2158ebd27b3f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353357412,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":353356821,"gmtCreate":1616463890863,"gmtModify":1704794408317,"author":{"id":"3570415893465696","authorId":"3570415893465696","name":"Jerrylsh","avatar":"https://static.tigerbbs.com/7f9695325b124aeb187e181c8c0ccfe6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3570415893465696","authorIdStr":"3570415893465696"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353356821","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353322679,"gmtCreate":1616463030891,"gmtModify":1704794397406,"author":{"id":"3573276404004652","authorId":"3573276404004652","name":"Ak91","avatar":"https://static.tigerbbs.com/0578c6f4e6345562f2d636b87cc2b9fd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573276404004652","authorIdStr":"3573276404004652"},"htmlText":"Pls lik n comment. Thank you","listText":"Pls lik n comment. Thank you","text":"Pls lik n comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353322679","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3859370,"gmtCreate":1616466746669,"gmtModify":1680781369889,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.49%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353322679,"type":1,"supId":0,"prevId":0,"content":"Thank you","text":"Thank you","html":"Thank you"}],"langContent":"EN"},{"id":353360449,"gmtCreate":1616462007581,"gmtModify":1704794376886,"author":{"id":"3576060582803676","authorId":"3576060582803676","name":"FFX","avatar":"https://community-static.tradeup.com/news/1ef6d6cc462584c56b30f8322d0ec01a","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3576060582803676","authorIdStr":"3576060582803676"},"htmlText":"Will continue. Agree?","listText":"Will continue. Agree?","text":"Will continue. Agree?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353360449","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353383232,"gmtCreate":1616461521326,"gmtModify":1704794366605,"author":{"id":"3576159241971427","authorId":"3576159241971427","name":"BRVVE Mutual Fund","avatar":"https://static.tigerbbs.com/2cf26804909bc121a53638de3bdd9699","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3576159241971427","authorIdStr":"3576159241971427"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353383232","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3858837,"gmtCreate":1616462782726,"gmtModify":1680781359693,"authorId":3570622365838239,"author":{"id":3570622365838239,"idStr":"3570622365838239","authorId":3570622365838239,"name":"N30","avatar":"https://community-static.tradeup.com/news/33bf6a97d91ccaf61eb8245d0322ab01","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.06","exceedPercentage":"93.40%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.16","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":353383232,"type":1,"supId":3858808,"prevId":0,"content":"[OK]","text":"[OK]","html":"[OK]"},{"id":3858808,"gmtCreate":1616462616961,"gmtModify":1680781353778,"authorId":3571137612858065,"author":{"id":3571137612858065,"idStr":"3571137612858065","authorId":3571137612858065,"name":"KyleFong","avatar":"https://static.tigerbbs.com/e17389fa1acf21e046b50105e4b79fa8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353383232,"type":1,"supId":0,"prevId":0,"content":"Sure. Please leave a comment as return","text":"Sure. Please leave a comment as return","html":"Sure. Please leave a comment as return"}],"langContent":"EN"},{"id":353380779,"gmtCreate":1616461407491,"gmtModify":1704794363335,"author":{"id":"3573606104770883","authorId":"3573606104770883","name":"Bliang","avatar":"https://static.tigerbbs.com/0d7cd18997f43a1b7035c0207a1c5872","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573606104770883","authorIdStr":"3573606104770883"},"htmlText":"For sure","listText":"For sure","text":"For sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353380779","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353317844,"gmtCreate":1616461296188,"gmtModify":1704794361359,"author":{"id":"3569201875498781","authorId":"3569201875498781","name":"traderbob","avatar":"https://static.tigerbbs.com/60e14b34ed325f8a40680b279c49acc6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569201875498781","authorIdStr":"3569201875498781"},"htmlText":"Pls rocket","listText":"Pls rocket","text":"Pls rocket","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/353317844","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3861517,"gmtCreate":1616489032090,"gmtModify":1680781401632,"authorId":3569201875498781,"author":{"id":3569201875498781,"idStr":"3569201875498781","authorId":3569201875498781,"name":"traderbob","avatar":"https://static.tigerbbs.com/60e14b34ed325f8a40680b279c49acc6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353317844,"type":1,"supId":3858555,"prevId":0,"content":"<u>hope</u> it happens","text":"<u>hope</u> it happens","html":"<u>hope</u> it happens"},{"id":3861515,"gmtCreate":1616489022711,"gmtModify":1680781401507,"authorId":3569201875498781,"author":{"id":3569201875498781,"idStr":"3569201875498781","authorId":3569201875498781,"name":"traderbob","avatar":"https://static.tigerbbs.com/60e14b34ed325f8a40680b279c49acc6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353317844,"type":1,"supId":3859091,"prevId":0,"content":"hope it <u>happens</u>","text":"hope it <u>happens</u>","html":"hope it <u>happens</u>"},{"id":3859091,"gmtCreate":1616464618973,"gmtModify":1680781357305,"authorId":3574126974732236,"author":{"id":3574126974732236,"idStr":"3574126974732236","authorId":3574126974732236,"name":"wyggy","avatar":"https://static.tigerbbs.com/efb73e0c5b01a857344a5ffbd784e825","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353317844,"type":1,"supId":0,"prevId":0,"content":"[美金]","text":"[美金]","html":"[美金]"},{"id":3858555,"gmtCreate":1616461317486,"gmtModify":1680781349334,"authorId":3571813255314396,"author":{"id":3571813255314396,"idStr":"3571813255314396","authorId":3571813255314396,"name":"DBZ","avatar":"https://static.tigerbbs.com/6cc1c00370fa6d97abe69cd184ca6b6e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353317844,"type":1,"supId":0,"prevId":0,"content":"Yup","text":"Yup","html":"Yup"}],"langContent":"EN"},{"id":353312580,"gmtCreate":1616461095840,"gmtModify":1704794357732,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"htmlText":"Do u dare to buy stock now?&nbsp;[得意]&nbsp;","listText":"Do u dare to buy stock now?&nbsp;[得意]&nbsp;","text":"Do u dare to buy stock now? [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353312580","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3858569,"gmtCreate":1616461361854,"gmtModify":1680781348725,"authorId":3568542354994015,"author":{"id":3568542354994015,"idStr":"3568542354994015","authorId":3568542354994015,"name":"咩咩虎","avatar":"https://static.tigerbbs.com/a6663bef57eca539a2c52ea184964654","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.13","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353312580,"type":1,"supId":0,"prevId":0,"content":"Yss ","text":"Yss ","html":"Yss "}],"langContent":"CN"},{"id":353316688,"gmtCreate":1616461001344,"gmtModify":1704794356106,"author":{"id":"3576108077327245","authorId":"3576108077327245","name":"Supersonia","avatar":"https://static.tigerbbs.com/a115d5d0552f7e483752e1d20f3c3723","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3576108077327245","authorIdStr":"3576108077327245"},"htmlText":"Trade with care not impulse.&nbsp;","listText":"Trade with care not impulse.&nbsp;","text":"Trade with care not impulse.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353316688","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3858588,"gmtCreate":1616461467708,"gmtModify":1680781352172,"authorId":3572176137415007,"author":{"id":3572176137415007,"idStr":"3572176137415007","authorId":3572176137415007,"name":"Abundance Thankful","avatar":"https://community-static.tradeup.com/news/3596d672dc89783cd009721d4bab5ddb","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.93%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353316688,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":353318075,"gmtCreate":1616460833597,"gmtModify":1704794353984,"author":{"id":"3577917165320806","authorId":"3577917165320806","name":"KinKat","avatar":"https://community-static.tradeup.com/news/303a11363633244c53e6b67003899c74","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577917165320806","authorIdStr":"3577917165320806"},"htmlText":"Here we go again&nbsp;[得意]&nbsp;","listText":"Here we go again&nbsp;[得意]&nbsp;","text":"Here we go again [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353318075","repostId":1150678912,"repostType":4,"repost":{"id":"1150678912","pubTimestamp":1616460565,"share":"https://ttm.financial/m/news/1150678912?lang=&edition=fundamental","pubTime":"2021-03-23 08:49","market":"us","language":"en","title":"'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150678912","media":"benzinga","summary":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shut","content":"<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.</p>\n<p><b>Buying The Dip:</b>As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.</p>\n<p>March 23 marks the one-year anniversary of the 2020 bottom in the S&amp;P 500. While the<b>SPDR S&amp;P 500 ETF Trust</b>SPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.</p>\n<p>Younger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging from<b>Bitcoin</b>(CRYPTO: BTC) to<b>Dogecoin</b>(CRYPTO: DOGE) have also skyrocketed.</p>\n<p><b>YOLOing The&nbsp;Stimmy:</b>Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.</p>\n<p>Bank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stock<b>GameStop Corp.</b>GME 3.93%and social media conversations related to stimulus payments.</p>\n<p>It appears&nbsp;many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.</p>\n<p>“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.</p>\n<p><b>Investor Sentiment:</b>JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga&nbsp;the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.</p>\n<p>\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said.&nbsp;\"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"</p>\n<p>Goldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders&nbsp;underperform the market over the long-term.</p>\n<p><b>Benzinga’s Take:</b>There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&amp;P 500 over the past year have resulted in 487 of the 500 S&amp;P 500 components producing overall gains for investors in the past year.</p>\n<p>Virtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20282870/stimmy-checks-and-the-stock-market-will-the-retail-trading-frenzy-continue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150678912","content_text":"The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals.\nBuying The Dip:As a result, many investors saw the stock market sell-off last March as a long-term buying opportunity, and investors have been handsomely rewarded for that buying. In addition, the brief 2020 bear market was the first bear market buying opportunity for investors in more than a decade, and the availability of free trading apps lured in an entire new generation of young traders for the first time.\nMarch 23 marks the one-year anniversary of the 2020 bottom in the S&P 500. While theSPDR S&P 500 ETF TrustSPY 0.76%is remarkably up 75.9% in a year’s time, some high-octane stocks have skyrocketed much more than that.\nYounger retail users of trading app Robinhood, Reddit’s WallSteetBets community and other groups of online traders have poured cash into a collection of fundamentally sound long-term investments and high-flying short squeeze trades and so-called “meme” stocks. Cryptocurrencies ranging fromBitcoin(CRYPTO: BTC) toDogecoin(CRYPTO: DOGE) have also skyrocketed.\nYOLOing The Stimmy:Analysts say one of the bullish catalysts for stocks in the past year has been the massive amount of stimulus the U.S. government has pumped into the economy. Part of that stimulus has been three rounds of direct stimulus payments to individual Americans.\nBank of America analyst Curtis Nagle recently discussed the high correlation between the price action in meme stockGameStop Corp.GME 3.93%and social media conversations related to stimulus payments.\nIt appears many retail traders that were stuck at home throughout the pandemic and didn’t need their stimulus payments to pay the bills put those payments straight into their trading accounts. But with the economy set for a shart recovery in 2021, there will likely be no more stimulus payments down the line.\nThemis Trading's Joe Saluzzi told Benzinga trading apps like Robinhood have been designed to maximize user engagement, much like online gambling platforms.\n“It’s no surprise to me that some recipients of stimulus payments would choose to place this money into their trading account hoping to magnify those payments. But we have to ask ourselves, is this what investing is all about or is this gambling?” Saluzzi said.\nInvestor Sentiment:JJ Kinahan,TD Ameritrade'schief market strategist, told Benzinga the stimulus payments have served their purpose up to this point in giving retail investors confidence that the economy can make it through to the other side of the crisis.\n\"In reality, it is the type of thing that gives all investors confidence that spending will continue at all levels of the economy and help keep things on track or even improve,\" Kinahan said. \"The spill-over effect is much more confidence, particularly in retail, which can help the rest of the economy in growing, particularly during this grey area between some states being wide open while others are gradually opening up.\"\nGoldman Sachs recently found that retail traders have accounted fornearly 25%of all trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic. Much of this trading has apparently been bankrolled by the U.S. government. And studies haverepeatedly foundthat the vast majority of individual traders underperform the market over the long-term.\nBenzinga’s Take:There’s an old saying on Wall Street that every trader feels like a genius during a bull market The extreme gains in the S&P 500 over the past year have resulted in 487 of the 500 S&P 500 components producing overall gains for investors in the past year.\nVirtually any stocks new investors bought in the past year have made them money at this point. The danger in the longer-term will come if that initial success has created a general sense of overconfidence in younger retail traders that will result in them taking an overly risky approach to investing in a much more difficult future environment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":49,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}