LogFAQs > #941982370

I see a major opportunity in brokerages. They are generally down from February still and modestly down from a peak in 2018. But, the last 4 months has seen a huge increase in trading volume. One retail day trader with a few thousands or tens of thousands in their account probably generates more in commissions (nowadays they sell order flow instead of charging a commission directly, but they still get their money) than 20 Boomer buy and hold long term investors with hundreds of thousands each who rarely ever trade. The brokerages should be doing the most business they've ever done, and I think we'll see it in the Q2 earnings.

Going to buy AMTD on Monday. Probably would prefer IKBR but it's already moved like 20% the last week with no red days. The Robinhood IPO when it comes should make the other brokers go up too as it generates awareness that they are undervalued.