This morning the most bought stock on Commonstock was Sketchers. Currently it it dropped a couple of places to #5 most bought by net dollar value.
Sometimes it's easy to forget that this is real money— not just mentions, so it's a better indicator of what retail investors are actually doing with their money.
What's super powerful is to cross-reference what retail investors are doing with institutions. MapSignals (
@mapsignals) is a Commonstock user who tracks what stocks 'big money' is buying, and you can see that institutions have been buying Sketchers for the last six months:
Sketchers is a $8.2B market cap stock and is in the Russell 1,000.
@mapsignals just posted
a memo about how there is currently a rotation going on into small cap.
$SKX is up +27% year to date: