After declaring bankruptcy, the stock price of the car rental company Hertz spiked around 700%. The retail investors of Robinhood App see an opportunity here, where all institutional investors avoid the stock? Who is right? And what does it tell us about the markets?
Tag: Financial Markets
Don’t be Tricked by Short-term Market Moves
On the 20th of February 2020, you woke up and saw the markets have started crashing, triggered by the news about the novel corona virus, Covid-19. All the stocks kept going down everyday. Once they stopped going down and turned upwards, you’ll most likely buy with the fear of missing out and trapped in a dead cat bounce. Don’t!