Reported 2 months ago
As the third quarter earnings season approaches, Robinhood's head of investment strategy, Stephanie Guild, discusses retail trading trends, highlighting that investors are diversifying by selling winning stocks like Tesla to buy undervalued shares like Nvidia. Investors are committed to long-term positions in well-known tech stocks. Guild notes a year-end target of 5,800 for the S&P 500, attributing market volatility to the Federal Reserve's policies and other economic factors.
Source: YAHOO