Retail investors keep chasing the stock market rally, rotating to EVs from AI: analysts

📆 6/07/2023 2:53 p. m.
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Individual investors keep chasing a 2023 stock-market rally, but show signs of pivoting toward electric-vehicle makers and away from AI plays, research firm...

Individual investors keep chasing a 2023 stock-market rally, but are showing signs of pivoting toward electric-vehicle makers and away from artificial-intelligence plays, a Wall Street research firm said Thursday.

“We... Individual investors keep chasing a 2023 stock-market rally, but are showing signs of pivoting toward electric-vehicle makers and away from artificial-intelligence plays, a Wall Street research firm said Thursday. Monthly net inflows into U.S. equities now average $1.4 billion a day, they said, close to the record from last March at $1.5 billion, according to Vanda. While there appears to be little room for a further acceleration of cash equity purchases, there’s still room for more speculative buying via the options market, they said .

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