Retail investors are buying the recent market dip
Retail purchases of US stocks & ETFs reached ~$3.2 BILLION on Monday and Tuesday last week, the biggest 2-day purchase since August.
In 5 days ending Tuesday, individual investors bought a whopping $8 billion worth of equities.
As a result, the 5-day moving average of retail flows hit $1.6 billion, the 4th largest on record.
The only other periods with a larger 5-day average of retail buying were January 2021, March 2023, and August 2024.
