I learn a lot watching the ‘human ticker’ at Stocktwits.
I have learned that Forex is hot. People love talking about currencies and their paired trades and pips. While e-brokers fight for each others customers, Forex brokers are just gaining new accounts without stealing them from each other.
I have learned that people can make shitpiles of money owning ridiculous small biotech stocks in bull runs. I am not one of those people.
I have seen Gold regain and quickly lose $1,000 but the traders are loving it once again.
It’s hard to believe we are rallying so strongly. It’s not thick with quality for sure, but by watching the list I get from my friends at Blackstar, I have an easy access point to what’s hot and moving and relatively, the strongest stocks in the market. This list looks a lot better than three months ago, so it will be interesting to see if it further broaden and if more stocks surpass previous all-time highs.
I hope you like my new blog design. Thanks Dominic.