Robinhood, the stock trading app marketed to novice investors as the democratization of Wall Street and leveling the playing field, is now the subject of dozens of lawsuits. Its ethos was to empower Gen-Z and Millennials to invest and trade stocks, as a means ...Read More

By Jack Kelly GameStop, Reddit, day traders and hedge funds have been in the news nonstop lately. The drama between young, scrappy novice traders versus evil-establishment hedge funds caught the nation’s attention. It became the latter part of the pandemic’s Tiger King craze. Don’t ...Read More

By Jack Kelly It’s telling that regulators aren’t asking why high-end hedge funds were allowed to target vulnerable corporations, such as GameStop, in an alleged short-selling scheme to drive their victims into bankruptcy. As the stock price of their prey goes to nearly zero, ...Read More

By Jack Kelly The media loves to label people. Instead of calling someone an “investor,” they’re a Reddit or Robinhood “day trader.” The insinuation is it’s some kid smoking weed on the coach, willy-nilly.  buying stocks without any rationale. The Wallstreetbets subreddit on Reddit ...Read More