How a weekly Twitter poll crushed the S&P 500 in 2020

How a weekly Twitter poll crushed the S&P 500 in 2020

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Could you beat the market using social media? (Getty)

The 2020 stock market had several distinct phases.

And few were as hotly debated — and ultimately as persistent — as the rise of the retail trader.

Work from Wall Street firms including Goldman Sachs and Deutsche Bank chronicled the surge in new trading accounts opened in the spring and the areas of the market these new investors were playing in. This trend continued through the year.

But at the beginning of 2020, before the pandemic’s…


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