Retail Investors Pull Back as 20-Day Stock Buying Hits Two-Year Low

Yahoo Finance··US·Read original
3▲0 ▼0Impact / 5
Summary · why it matters

Retail investors bought just $1 billion of single stocks over the past 20 days, the lowest 20-day total in at least two years, according to new data from Vanda Research. That compares with a little over $20 billion in 20-day retail purchases in April 2025, and total retail equity purchases have declined to about $10 billion over the past 20 trading days, near their lowest reading since October 2024. The Kobeissi Letter strategists said retail investors are becoming more cautious, even as institutional money bets markets will weather the latest economic worries relatively unscathed. The S&P 500 continues to trade near record highs despite elevated oil prices and surging bond yields, supported by analysts' projection of nearly 29% year-over-year aggregate third quarter S&P 500 earnings growth and a renewed Magnificent Seven trade fueled by AI optimism. Miller Tabak chief strategist Matt Maley said the tech sector will continue to drive the stock market for the foreseeable future, making whether the MAGS hold recent gains and whether chip stocks regain upside momentum the key to how the market performs for the rest of this year and beyond.

Impact on assets 2

Spatial Computing / AR/VR▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks