Retail Trading Trends | Retail traders bought QQQ, sold LCID for the third day
Retail investors bought in the broad market index- $SPDR S&P 500 ETF (SPY.US)$ and $Invesco QQQ Trust (QQQ.US)$, pulled money out of $Lucid Group (LCID.US)$ for the third day.
Other than those ETFs, $Tesla (TSLA.US)$ is still the top buy for retail investors for a while. On the other side, Lucid, $Advanced Micro Devices (AMD.US)$, and $AMC Entertainment (AMC.US)$ had a negative sentiment level. It is the first time AMD had net money outflows, since retail investors were pouring money into it in the past 4 days.
Tracked by Nasdaq RTAT, the chart gives a daily view of retail activity and sentiment from the previous trading day.
*The ticker ranks: $USD traded by retail investors divided by total $USD traded by retail investors across all tickers.
*Sentiment level: it derived from the retail net flows (buy-sell) of the most recent 10 trading days. The more positive (negative) the number, the greater the proportion of recent retail net buying (selling).
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Source: Nasdaq
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jasonsouza77 :
determined Birdie : very informative