We’re seeing a lot more interest in the stock market these days as retail investors continue to pile into exchange-listed stocks.
In fact, more people are participating in the markets than ever before. So these exchange-listed stocks — simply meaning the exchanges where we trade stocks, options and futures — are on fire!
Why? Because we’re seeing a lot more activity, and the more participants, the more money is made — and lost.
Take a look at CME Group Inc. (Nasdaq: CME). This is where people trade futures in Chicago… currency, financial and commodity futures… and to my knowledge, it’s the biggest futures exchange out there. This is a Kingmakers pick, which, for those of you who are interested, is one of my member services, and is a stock we took profits on recently.
The stock is acting strong, it’s extended and I’m expecting a pull back a little bit, but it shows just how much interest people have in the markets right now.
A lot of that has to do with everyone staying home the past year… and some of it has to do with the rally we’ve seen the past 12 months.
Jesse Livermore is one of the greatest speculators of all time, and he had a great line… I’m paraphrasing here but he basically said the best way to advertise a stock is by its price going up — it’s just that simple!
So people are staying home, stocks are going up and the market has been open the entire time, word of mouth spreads the news — you get the gist of it. There’s been a flood of people entering the fray… think of what happened with GameStop and the subreddit WallStreetBets recently
Check out my short video and let’s discuss the Nasdaq… No, not the index, but the exchange-listed stock known as NDAQ. It’s in the middle of a strong run up right now, bouncing off its 50-day moving average…
And as always, please like and subscribe to our YouTube channel. You can also follow me on Twitter, and read more of my thoughts on the market at WealthPress and on Forbes, where I’m also a contributor.
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