Rise of the retail traders

As Goldman’s work showed, even before the rally in so-called meme stocks like AMC (AMC), GameStop (GME), and others crescendoed in late January, there’d been a persistent outperformance in stocks favored by retail traders since May.

“When faced with a hypothetical selloff, whether small or large, on net more respondents said they would put more money into the stock market,” according to Deutsche Bank. “New investors faced with small selloffs report they will put more money in, but would pull money out on net if the selloff were larger than 10%.”

BYFD is what RHers do.