17 March 2024: Robinhood up? what about other online brokers?
With crypto trading activity up since the strong rebound of crypto prices, I will not be surprised to see Robinhood experiencing a higher trading volume.
Not only will the crypto trading volume go up, I expect small to mid cap trading volume to go up.. The tough part is really to get timing right.
Tesla and apple have been pulling back and this could put the risk to Nasdaq 100 uptrend. So will these two stocks affect market sentiment? If Nvidia can do a "Tesla" share price move back in 2020 and 2021, I do think that it will not be that difficult as Nvidia will carry Nasdaq 100 up and bringing Russell 2000 up too.
If small cap trading volume goes up, then Robinhood will enjoy a double pronged price move catalysts.
Pricing of Robinhood is higher than that of tiger brokers. Unfairly penalised for link to china... Will pricing cap close?
As always, this should not be construed as any investment or trading advice.
$Robinhood(HOOD)$ $Tiger Brokers(TIGR)$ $Futu Holdings Limited(FUTU)$ $Interactive Brokers(IBKR)$ $Charles Schwab(SCHW)$
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