Finance

Penny stock-loving Robinhood traders raised bubble concerns, but most retail investors are selling

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The Robinhood app on IOS and Android 

Source: Robinhood

The euphoric bullishness of regular investors might be exclusive to the rookie traders of the Robinhood community, debunking concerns that retail investors could be causing a bubble in stocks. 

The majority of retail investors were actually selling during the coronavirus market rout and comeback, according to Barclays, which cited data from other brokers. Charles Schwab recorded net equity-selling among clients from February through May and TD Ameritrade’s investor sentiment index, a measure of client activity, has remained low.

Plus, the American Association of Individual Investors widely followed weekly bull-bear retail investor…



Source cnbc.com

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