Last month, Robinhood users bought airline stocks aggressively. Just weeks later, they’re fleeing the embattled sector – and often incurring heavy losses. Six U.S. airlines are expected to report ugly second-quarter earnings this week. Millennials have fallen out of love with airline stocks. After retail investors piled into the sector in late May and early…
Half of the top ten equities on Robinhood over the past 30 days are electric vehicle stocks. The excitement over clean energy stocks could end in pain and regret. The EV sector faces multiple risks, including pandemic-related disruption. Electric vehicle (EV) equities are the new pot stocks for millennials in the second-half of 2020. Over…
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that recent protests have shown “young people will risk going out for an important cause” and that they should do so for the cause of preventing an economic depression. Maher congratulated the millennials who have volunteered for trials to help speed up a vaccine…
Retail investors aggressively bought airline stocks in May. Data from Germany and Indonesia show the world’s largest airline firms are recording billions of dollars in losses. As airlines face the risk of a permanent loss of clients, the appeal of airline stocks is questionable. Millennials have been scooping up airline stocks that Warren Buffett famously…
People forced to stay in lockdown are desperately trying not to get bored. A petition is asking Netflix and other streaming services to stop charging fees for two months. Netflix is there to make a profit, and its service is already very cheap. A petition asking to make Netflix (NASDAQ:NFLX) and other streaming media services…
Millennials are the generation most worried about coronavirus. They’ve stopped shopping in physical stores, while tech conferences and music festivals are canceling events. But will millennials give up “Netflix and Chill” to avoid getting sick with COVID-19? Record high STD outbreaks in the U.S. suggest they probably won’t. It’s not just their portfolios that millennials…
The NAHB housing market index remained close to its high in January, fueled the strongest bounce in mortgage applications in 11 years. As millennials make up the majority of mortgage applications, the extent of this generation’s desire to own homes is becoming apparent. Can the U.S. housing market crash when young people are clamoring for…
Marijuana stocks were smoking hot with millennials in 2019. But the industry-wide bear market for cannabis last year harshed the buzz. Here’s how much pot stocks lost, and why the industry is struggling. In a landmark year for the stock market, four of the five biggest marijuana stocks by market cap woefully underperformed in 2019.…
A decline in sex rates among young adult Americans could be a real threat to the GDP. “The economic issues are real and significant,” Christine Whelan, director of Money, Relationships and Equality Initiative in the School of Human Ecology at the University of Wisconsin told Today.com. Sexual intimacy is commonly associated with healthy relationships and overall…
TD Ameritrade’s data shows that the dumbest investors are Millennials. They invest in the riskiest stocks, and don’t even know why. | Source: Shutterstock Every month, TD Ameritrade puts out a proprietary behavior-based index based on the stock trading behavior of its clients, called the Investor Movement Index, or IMX. There are some critical pieces…
