Posted 11/16/2023, 5:17:00 PM
Retail Traders Lock In Gains As Inflation Cools, Ending Buying Streak
- Traders rush to lock in gains from share rally sparked by cooling inflation signs, reversing years of buying
- Retail traders sold $201 million in stocks on Tuesday, smallest amount since November 2021 per Vanda data
- Their trading as share of volume dropped to 14.8%, per J.P. Morgan
- Despite market recovery, average retail portfolio still down 14% from peak per Vanda
- Retail investors sold over $55B in stocks in past year, with $15.6B outflows in October alone