We have 33 million unemployed and 15 million new days traders in last 2 months

I guess I want to invest not with interactive brokers but in interactive brokers

IB stock has gone from 80 to 40 in the last year and seems to be heading for new lows after the crude fiasco was upgraded to $104m. New accounts are growing by 5% a month though.
 
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I've looked more into it after Mr. Muppet posted some charts...

I found that the DARTs has been rising since late 2019...a few months before the Pandemic and then there's been a decline since the Pandemic. For example, Interactive Brokerage is down -12 % in April following record gains in March and they point the finger at Covid-19 for their decline.

Yet, they go on to say a year to year comparison for the month of April (as in April 2020 versus April 2019)...April 2020 was still 27% higher.

The question now is why were they dramatically rising for a few months prior to the Pandemic ???

wrbtrader
 
IB stock has gone from 80 to 40 in the last year and seems to be heading for new lows after the crude fiasco was upgraded to $104m. New accounts are growing by 5% a month though.
underpriced?
 
Double Whammy... First they lose their job, second they lose their ass.

(The wold is a cruel place.)

For to every one who has will more be given, and he will have abundance; but from him who has not, even what he has will be taken away.

— Matthew 25:29, RSV.

:(


Actually the Matthew effect doesnt apply to highly leveraged trading. Even if you start out with $10 million, you could still easily lose it all.
 
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Over 36,000,000 now unemployed!!!!!! Biggest in US HISTORY!!!!!!

And fools think we have seen the market lows for good hahahahahahahahahah




The total 2.981 million new claims for unemployment insurance brought the coronavirus crisis total to nearly 36.5 million, by far the biggest loss in U.S. history. Last week’s count was revised up by 7,000 to 3.176 million.
 
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