9.3 C
New York
Thursday, March 28, 2024

Retail Buying Panic Resumes As Robinhood & E*Trade Are Back Online

Courtesy of ZeroHedge View original post here.

Update (1100ET): Great news America – Robinhood and E*Trade are back online and the buying is back…

*  *  *

This is a major problem for the bulls…

"I felt a great disturbance in the farce, as if millions of bullish Millennials cried out in terror and were suddenly silenced. I fear something terrible may happen…"

Robinhood is down…

Source: DownDetector

And the outages are nationwide…

Source: DownDetector

The problem is spreading – E*trade is down too…

Source: DownDetector

And here is why this could be a major problem…

It's the Robinhood traders that have been buying…

As hedgies are selling…

While Moderna sparked the squeeze, we're gonna need Millennials back in this market to lift it out of its one-month funk… even if Powell goes back on '60 Minutes' this weekend.

1 COMMENT

Subscribe
Notify of
1 Comment
Inline Feedbacks
View all comments

Stay Connected

157,452FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

1
0
Would love your thoughts, please comment.x
()
x