I agree its not billions but when. You have masses and masses of buyers coming in buying in small amounts it adds up and not only that but the forums and interactions I see about buying these set of stocks seems to be another reason.lok at GNUS, LK, HTZ the last week or so. They jump from one group of stocks to the next.
I too underestimated the RH FOMO, it's real, but plenty of futures activity after hours points to institutional or FED shenanigans
ET trolls and their acolytes still bearish and probably, still short the stockmarket. Not to worry, you will always have fools who think they know better than the stockmarket.
The June report is going to be another ripper. The protests and rallies have made any ongoing COVID lockdowns politically more absurd and tenuous. NYC is starting to let more businesses open.
Lets not even get into Employment #'s or anything else . The mkt was last here in Feb when unemployment was 3.5% and business was booming . This is about money chasing money and nothing more . Hrtz says it all . BK and has gone from .40 ti $6.24 today. Was up 130% at one pt today .
True but he can buy trillions in real estate which is much cheaper . But we could have said the same thing the 3-5 years . There's no difference between making 1.5% of the last few years and make .5% now when you can makes 120%in hertz in a day . The thought of instant riches has clouded everyones mind .The same analysts that were saying game over are the most bullish . In the end the mkt makes us do things we don't really want to do. You either do it or you make no money. If you oppose it you go broke