Posted 2/29/2024, 7:47:00 PM
Retail Traders Cautious Despite Market Rally, Displays Less FOMO Than 2021 Meme Stock Craze
- Retail traders not displaying a "fear of missing out" mentality despite market's rally
- Vanda Research data shows retail traders being cautious and "uneasy" about buying dips
- Retail purchasing activity recently dropped to lowest levels since November 2020
- Current speculative trading volumes just a fraction of 2021's meme stock mania
- Retail trader sentiment seems more "cautiously optimistic" than extremely greedy