Investors Big and Small Are Driving Stock Gains With Borrowed Money

[Daal]

https://www.wsj.com/articles/invest...rowed-money-11617799940?mod=markets_lead_pos6

'As of late February, investors had borrowed a record $814 billion against their portfolios, according to data from the Financial Industry Regulatory Authority, Wall Street’s self-regulatory arm. That was up 49% from one year earlier, the fastest annual increase since 2007, during the frothy period before the 2008 financial crisis. Before that, the last time investor borrowings had grown so rapidly was during the dot-com bubble in 1999.'

 

[comagnum]

When everyone is all in & leveraged to the teeth look out below. My own thesis is the NDX100 needs to retest or print a slightly higher high before the indexes start to roll over.

 

[RedSun]

https://www.wsj.com/articles/invest...rowed-money-11617799940?mod=markets_lead_pos6

'As of late February, investors had borrowed a record $814 billion against their portfolios, according to data from the Financial Industry Regulatory Authority, Wall Street’s self-regulatory arm. That was up 49% from one year earlier, the fastest annual increase since 2007, during the frothy period before the 2008 financial crisis. Before that, the last time investor borrowings had grown so rapidly was during the dot-com bubble in 1999.'

Not sure if that figure was late February, probably mid February, before the NASDAQ mini correction. It must be lower now. Trading volumes have been down.

 

[iprph90]

.....many ways to skin a cat.