July 22, 2021
The stock markets have had some very small slumps but rebounded quickly in the last 12-months. The refusal to bow to the bears may be caused by a new generation of investors less seasoned in stock market cycles. Dan Egan, director of behavioral finance and robo-advisors, says there's “a lot of young people in their accumulation phase”. These new investors are bringing their bullish buys to the table, as four times this year the S&P 500 has rebounded after closing 3% below all-time highs. However, suffering from small companies and transportations firms could lead to a real collapse, as these are typically troubling signs for markets. But there are still wins for the bulls, such as the Cboe VVIX Index or the implied volatility of the VIX. This double volatility measure is trading at a premium which bodes well for the wider market historically.
FINSUM + Magnifi: A new generation of retail investors are taking on the investment world in more ways than just GameStop, and they could keep the rally sustained longer than expected.
Magnifi is changing the way we shop for investments, with the world’s first semantic search engine for finance that helps users discover, compare and buy investment products such as ETFs, mutual funds and stocks. As of July 2021, 450,000+ users with $541+ billion in Assets Under Influence, have used Magnifi over 8,800,000 times. Try it for yourself today.
This blog is sponsored by Magnifi. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]