May. 6 at 7:00 AM
$SPY $GOOGL $MU $TSLA $INTC Retail investors are piling back into equities:
Mom-and-pop investors bought
$6.3 billion in equities last week, driven by ETFs of
$4.8 billion, followed by single stocks of
$1.5 billion.
Tech-dominated single stock activity, with the top 5 most purchased stocks being Alphabet at +
$273 million, Micron at +
$243 million, and Tesla at +
$234 million.
This was followed by Meta at +
$210 million and Intel at +
$197 million.
Retail investors' purchases are accelerating after the market recovery..