Daily Report : Household equity holdings plunge, but remain too high; Robinhood traders make big bets on a decline

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-12 at 17:32:02 CDT

In the first quarter, the value of equities plunged relative to other household assets and the size of the economy (GDP). It was among the largest drops on record. Even so, equity holdings remain historically high. Pension funds are woefully underexposed to equities, while their allocation to bonds skyrocketed.; Users of the Robinhood platform used Thursday's carnage to make big bets against more declines in stocks. Users holding leveraged short ETFs exploded by more than 13%, a decent sign of a massive shift in sentiment.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.