We all know that 2021 has proven to be a breakthrough year for us, my dear apes, retail traders. According to the U.S. News & World Report reported on Wednesday (June 30), retail investors currently account for roughly 10% of daily trading volume on the Russell 3000, the broadest U.S. stocks index, after peaking at 15% in September as lockdown boredom and extra savings triggered interest in stock markets.
Since we definitely have a great influence on the overall trading situation, I decided to conduct new research on the most popular companies over the last week based on retail traders’ activity (buying/selling), as well as the sentiment of their tendencies.
Let's drill into this and discover the top 5 companies by percentage of trades by retail traders for the last week:
1. Tesla ($TSLA)
Even after selling billion worth of shares by Elon Musk, $TSLA remains the most valuable automaker in the world, with a market valuation >$1 trillion.
2. Lucid Group, Inc. ($LCID) – is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies.
3. Nvidia ($NVDA) – operates as a visual computing company worldwide in two segments, Graphics and Compute & Networking.
Btw, $NVDA shares bounced back today from their mini sell-off – it happened after Nvidia crushed Wall Street's expectations when it released its fiscal 2022 third-quarter results on November 17th, with its record numbers and impressive guidance sending the stock up 8% to a new all-time high post the release.
4. Apple ($AAPL)
5. AMD ($AMD) – for more than 50 years Advanced Micro Devices (AMD) has driven innovation in high-performance computing, graphics, and visualization technologies – the building blocks for gaming, immersive platforms, and the data center.
What are your thoughts about it? I think that it's another brilliant indicator of companies' performance all over the Web which, with a correct approach, will definitely become an additional powerful investment signal.
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