Schwab CEO says retail traders are buying dips, selling rips #shorts #schwab #retail #trading

Client Financial Behavior - Margin loans reached an all-time high of approximately 97 billion USD at the end of the quarter [1] - Margin loans represent less than 1% of clients' total assets, which are valued at 116 trillion USD [2] - Clients aim to maximize wealth and capitalize on perceived opportunities [2] Trading Activity - Trading volume increases with volatility [3] - Clients tend to trade countercyclically, buying dips and selling rips [3] - Elevated trading levels are observed on volatile days [3]