Retail traders bought this week's dip, loading up on tech like Nvidia and Microsoft

Investment Strategy Berita

Retail traders bought this week's dip, loading up on tech like Nvidia and Microsoft
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Small investors were net buyers of stocks on Tuesday and Wednesday following Monday's global market rout, according to data from JPMorgan.

Retail investors stepped in and bought the huge dip in the markets this week, picking up shares of beaten-down technology juggernauts. The retail cohort was a net buyer of stocks on Tuesday and Wednesday following Monday's global market rout triggered by fears of a recession and a hedge fund trade unwind, according to data from JPMorgan.

Japan's stock market posted its worst drop since Wall Street's Black Monday in 1987, contributing to fears of a global turmoil. It's not looking like a bad bet with the markets recouping a larger portion of the losses. Following this ongoing rally Thursday , the S & P 500 is only down about 0.8% on the week. .

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