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Did we have a big article on HN when oil futures went negative? IIRC there were something like 100,000+ retail investors who piled into those oil futures, with
by blaser-waffle 6y ago
Did we have a big article on HN when oil futures went negative? IIRC there were something like 100,000+ retail investors who piled into those oil futures, with non-trivial amounts of cash... and the price hardly moved. Institutional investors are that powerful.
A million retail investors with stimulus checks -- which are pitifully small, IMO -- aren't going to move the needle.
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