CMB Stock News Of The Day 📰🗞️🗞️📈📉

“Speculative Stocks Spiral as Volatility Hits Multi-Month Highs — Retail Traders Step Back from the Madness” 🚨🚨🚨

After a dizzying week of market swings, the high-flying speculative stocks once adored by retail traders are getting hammered again. The same names that soared yesterday are now plunging, continuing a chaotic pattern that’s left even the boldest investors feeling seasick.

Goldman Sachs’ “non-profitable tech” and “high-beta momentum long” baskets — key indicators of speculative appetite — have seen their annualized 21-day realized volatility surge to the highest level since May. That’s when the fallout from April’s tariff announcements still loomed large over the markets.

These two volatile groups have moved nearly in lockstep lately, mirroring each other’s dramatic ups and downs. “In contrast to the behavior observed during the post-Liberation Day selloff, retail investors did not seize the opportunity to buy the dip,” noted JPMorgan strategist Arun Jain. “Instead, they scaled back their ETF purchases and became net sellers in single stocks.”

The S&P 500 remains within 3% of its all-time high, showing relative resilience — but the speculative corners of the market tell a different story. Retail favorites like Oklo (OKLO), Cipher Mining (CIFR), Plug Power (PLUG), and D-Wave Quantum (QBTS) all sank sharply Thursday, some dropping over 10% in a single session.

While these swings might look like routine market noise, they could have broader implications. In an economy where stock performance heavily influences consumer confidence and spending, the sharp downturn in high-beta stocks could signal cracks beneath the surface. As one strategist put it — in an asset-backed economy, the speculative names might just be the new cyclicals.