Robinhood Markets (HOOD) chief brokerage officer Steve Quirk joins Market Domination Overtime hosts Julie Hyman and Alexandra Canal to discuss retail investor trading trends.
Quirk observes that following the November election, Robinhood customers "try and take advantage of what they saw as opportunities to add to [their] portfolio or remove some of the stocks in their portfolios." He highlighted increased activity in Tesla (TSLA), Nvidia (NVDA), and cryptocurrency investments.
He also notes significant market (^DJI, ^IXIC, ^GSPC) rotation, explaining, "We tend to see a behavior where when they’ve had appreciable gains, they will take some of those gains off and then look for other names that maybe haven’t participated in the rally to add to their portfolio."
Quirk mentions a growing interest in 24-hour trading, with investors reacting immediately when "market-moving" news breaks. However, he cautions that "sometimes when the news first hits, there tends to be a bit of an overreaction," particularly regarding developments like tariffs, which can create buying opportunities at unexpectedly favorable price points.
Watch the full video above for insights into short-seller trading trends.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here https://finance.yahoo.com/videos/series/market-domination-overtime/
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