Tag Archives: Forbes Staff Critics

Dumb Money Looks Pretty Smart: Retail Traders Rotate As Rally Gets Long In Tooth

By Steve Schaefer, Forbes Staff

Critics often belittle the investing habits of retail traders, arguing that tracking the “dumb money” is most useful as a way to spot market peaks and bottoms — usually it’s buying at the former and selling at the lattter. But the so-called dumb money has been pretty smart this year, says TD Ameritrade’s Steve Quirk. …read more

Source: FULL ARTICLE at Forbes Latest