Being aware of the robinhood rallye is one thing. Experiencing it with a stock (Jumia) going from $2.7 to $27 in less than 6 months is different. Especially with a +100% in a week at the end. Below is a chart of the price of Jumia and the number of…
Posts published in “Retail”
On this, still Covid-19, recovery, the main narrative is the push from retail towards the stock market. I already found that saving rates are going insane, in correlation with interest in stock and robinhood on Google Search and posted their impact on oil, bitcoin and Tesla. In this post, I…
In previous posts (regarding equities, oil and bitcoin), I proposed that the retail investor is marginal buyer that push price higher. In this post, I suggest evidence that it is the case. First, from the FRED database, we can see that the saving rate is at a whooping 33%. How…