The FAAMG trade is looking very last year. Retail investors ...

The FAAMG trade is looking very last year. Retail investors aren't flocking to the trade, which includes buying shares of Facebook, $Apple (AAPL.US)$ , $Amazon (AMZN.US)$ , $Microsoft (MSFT.US)$ and Google-parent Alphabet. This group has been wildly popular among investors in recent years and has helped drive the market higher.

Individual investors are instead favoring stocks like $Tesla (TSLA.US)$ , Advanced Micro Devices and $NVIDIA (NVDA.US)$ and have poured far more money into those names this year!

The exception is $Apple (AAPL.US)$ . Retail traders have poured more than $1B into $Apple (AAPL.US)$ stock since the end of November, or roughly a third of all money that went into Nasdaq stocks, according to Vanda Research. "What seems clear is that FAAMG is not a thing anymore, at least not from a retail perspective," says Vanda.