![]() Whether you use the app or not, it has become synonymous with younger traders credited with driving the surge of trading in penny stocks. If you’re a retail trader under the age of 40, you’re likely part of the “Robinhood Army”. The IWM has seen multiple days of new records in 2021. This isn’t just the first “new record high”. Wednesday saw the benchmark small-cap ETF hit fresh all-time highs yet again. While the S&P’s SPY has traded relatively sideways this week, the IWM continues reaching new records. If you look at the Russell Small-Cap ETF ( IWM) you’ll see what I mean. Not only have the large-cap markets reached new all-time highs (again), so have smaller-cap markets. This year has gotten off to a crazy start already and penny stocks could be to “blame”. ![]() ![]() Are These Penny Stocks Under $1 Worth The Risk? ![]()
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