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Mom And Pop Are Buying The Dip In Stocks While The Pros Stay Put

FYI: The rift between Wall Street and Main Street is getting wider when it comes to stock investing.

For the third week in a row, individual investors bought stocks while institutional and hedge funds were net sellers, data on client flows compiled by Bank of America showed. Thanks to retail demand, equity buying by all the firm’s clients rose last week to the highest level since late May.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-23/mom-and-pop-are-buying-the-dip-in-stocks-while-the-pros-stay-put?srnd=premium
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