So you have not been in the USA for the past two years, yet you know plenty of businesses, schools and colleges that shut down and they have all stayed home for the last year and a half. Hmm. Then how come my local shops around here have been open for the last year and a half? I can buy groceries, shop at 7-11, buy gas, shop at the hardware store, the pumpkin patch, buy X-mas presents, shop in the mall, get a latte', order fast food in person, etc etc ad nauseam? In-person has been a thing since mid 2020, man.
No. SNAP benefits increase every month, student debts do not have to be repaid, loan forgiveness became a thing, there has been an eviction moratorium for lord knows how long, and you get free money, and a good chunk of it, for every dependent you have, with NO limit. You do not have to work if you have no expenses. Welcome to America 2022. You missed a lot going on here.
Lol.. we didn't live in the same part of the country.. I promise you, the Bay Area was shut down. Silicon Valley, shut down. Heck, I was in the Bay over these Christmas holidays and was shocked... no traffic! Higher end restaurants were closed from the 24th through the 7th!! San Francisco looks like... Detroit! Schools are closed and most everyone I know works from home by requirement.
Yeah, that probably contributes t Ok... well one or the other compounded the problem we're faced with today. Too much gov money handed out AND Robinhooders/Tik Tokers/YouTubers finding alternative sources of income, enough to walk away from the drudgery of 40 hour work weeks. Honestly soooo glad I left the States.
Most day traders trade penny stocks which have very low floats. Hedge funds have no interest nor would they be able to buy those few shares. A lot of those stocks trade at 500,000 shares or even less. How the hell can hedge funds or even big investors buy into it? No way. Institutional investors and hedge funds got plenty of stocks to choose from, over 10,000. They do not need low float penny stocks. And it is the hedge funds who make tens of billions each and every year. Seriously, it is not even a fair comparison. Like comparing beef neck bone to filet mignon. Which would you rather eat? Hedge fun managers are probably, laughing their asses at the idiots who think retail traders are kicking hedge fund managers asses? Not even close. Try the opposite.
Where did you get that number? A quick scan shows less than 2000 stocks that trade over 500k shares with a price over 5 bucks.
I read there were over 10,000 stocks in the entire US stockmarket. Look it up. So, hedge funds have a lot of stocks to choose from to trade. Where did you get your 2,000 stocks? Some websites have limited number of stocks in their database in a couple of thousand. Does not mean those are the only stocks in the stockmarket. I use stockcharts.com but, even that website has a cap on the number of stocks in their database in a couple of thousand. Does not mean that is the only stocks out there. Other websites have the same limitations. This is from Benzinga. https://www.benzinga.com/money/how-many-stocks-are-there/
I used the scan in stock charts for US stocks that trade over 500k per day with a price higher than 5bucks. No ETFs.