Category Archives: retail investors buying high
There’s a headline on CNBC’s website proclaiming “Dow rises to record finish as Fed sticks to script”. Let me add to that with … Retail investors to do heavy buying tomorrow and Friday on what will be a distribution days. Now that’s a script.
Given elevated stock markets (new all time highs — hey Dow 17000!), it’s time once again to queue the retail investor. Having been kicked in the shins badly twice in recent memory, they’ve been skittish to come back and play. Alas someone has to buy at the peaks, and it’s always the retail investor. Retail investors bought stocks very heavily at previous market […] Read the rest of this entry »