Last year RICK was my number one position for a while replacing Apple. I sold it down a lot and Apple took back the throne.
I have been trading Apple nicely in it’s small decline, but my recent flips have left open the number 1 slot.
By adding more Interactive Broker today (IBKR), it’s taken back number 1. I am amazed for now, fingers crossed, that IBKR rises in the face of trading and market meltdowns. They seem immune to the mess. It seems that volumes are still rising them. The big money may be betting that volatility is here to stay and that IBKR will be the big beneficiary.
If we are entering a period of volatility, it could go on for a year or two at least. IBKR price seems to be telegraphing that or something else big. It should be lower. I therefore assume it’s going higher.