Are you ready to take advantage of market dips and make some strategic investing moves? This week, retail investors showed their strength by buying up shares of tech giants that took a hit. According to data from JPMorgan, individual traders bought $302 million worth of stocks over the past week, a significant shift from the $2 billion worth of equities they sold the week prior.
But why this sudden surge in retail investing? Some experts believe that small investors are confident in the resilience of the bull market, despite the recent market turmoil. After Monday’s sharp decline, major indexes like the Dow Jones Industrial Average and the S&P 500 saw some of their largest daily losses since 2022. However, the markets have been quick to recover, with the S&P 500 only down about 0.8% on the week following a strong rally on Thursday.
Retail investors have been particularly active in popular tech stocks like Nvidia and Microsoft, with $552 million and $471 million in retail flows, respectively. Even amidst the volatility, companies like Broadcom, CrowdStrike, and MicroStrategy also saw increased buying from retail investors. On the other hand, health care stocks saw some selling pressure, with retail investors taking profits on companies like PetIQ after its acquisition by a private equity firm.
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