ASX200 took out its all time record high today. Some smaller...

ASX200 took out its all time record high today. Some smaller stocks on my watchlist have been going up 5%-10% per day recently. It's feeling a little like the early stages of the covid boom to be honest. If several interest rate cuts come as expected, no reason to think this stock market boom can't continue.

SWF hit 70c+ per share during the last boom in 2020. Could we see a similar euphoric run in the only listed pure exposure to retail stock market investing, as a new retail investment wave takes hold? Sure, competition in the retail broking space is higher now than in 2020, but fundamentals rarely matter when markets are euphoric. It'd be interesting to see if SWF stays at 12c while markets continually ride record highs.