Whales Holding Over 1,000 Bitcoin Could Fuel Another Rally, Data Suggests – Yahoo Finance

Whales Holding Over 1,000 Bitcoin Could Fuel Another Rally, Data Suggests – Yahoo Finance

Bloomberg

Nothing the Stock Market Does Ever Scares Its Retail Daredevils

(Bloomberg) — Apple Inc. has slumped 15% since late January. Tesla Inc. has lost more than a quarter-trillion dollars in market value in three weeks. And more than $1.5 trillion has been wiped off the Nasdaq 100 in less than a month.And yet, none of it has been enough to rattle the retail investor.Instead, to borrow a Reddit phrase describing bullish gumption, they’ve had diamond hands. Since the market peaked a few weeks ago, retail traders have plowed cash into U.S. stocks at a rate 40% higher than they did in 2020, which was a record year. They’re opting for parts of the market that have suffered the most, doubling down in arguably risky ways with triple-leveraged tech funds and options galore.A year out from the Covid-19 stock crash, with individual traders now making up nearly a quarter of U.S. volume on any given day, battle lines are forming. Some of the favored speculative bets that minted money on the way up — electric-vehicle stocks, special purpose acquisition companies and green energy plays to name a few — are the same securities that are buckling now as bond yields rise.Retail traders, many of them newbie investors, have consistently held strong, buying virtually every dip during what’s been the best start
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