Retail Traders Appear to Sober Up After the Meme-Stock Gold Rush

Liz Ann Sonders, chief investment strategist at Charles Schwab, joined the latest episode of the “What Goes Up” podcast to discuss what appears to be a shift in focus among the crowds of new day traders who were so influential in the U.S. stock market earlier this year.  Says Sonders: “Really since mid-February, we've seen a shift — believe it or not — back toward some semblance of fundamentals driving stocks; a bit more of a quality bias, profitability bias, a little bit of a valuation bias.”

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