Retail investors made SK Hynix (SKHY) one of their biggest buys on Friday, according to the latest data from VandaTrack. By Monday, the stock had fallen as much as 9% as South Korea's KOSPI (^KS11) plunged nearly 9%.
That kind of whiplash is becoming familiar. Retail traders are cashing out of Apple (AAPL), Tesla (TSLA), Nvidia (NVDA), and chip stocks while chasing newer stories. The broader market is not following them lower.
VandaTrack data shows Sandisk (SNDK), Apple, Tesla, and Nvidia among the biggest sources of retail selling last week. Western Digital (WDC), Meta (META), and American Airlines (AAL) also made the list.
The flow pattern looks "more consistent with rotation than outright de-risking," Vanda wrote Monday. Retail trading activity remains near records, but investors are selling nearly as much as they buy.
The "Magnificent Seven" is no longer one retail position. Microsoft and Nvidia attracted net buying over Vanda's 10-day window, while Apple and Tesla became sources of cash.
That kind of whiplash is becoming familiar. Retail traders are cashing out of Apple (AAPL), Tesla (TSLA), Nvidia (NVDA), and chip stocks while chasing newer stories. The broader market is not following them lower.
VandaTrack data shows Sandisk (SNDK), Apple, Tesla, and Nvidia among the biggest sources of retail selling last week. Western Digital (WDC), Meta (META), and American Airlines (AAL) also made the list.
The flow pattern looks "more consistent with rotation than outright de-risking," Vanda wrote Monday. Retail trading activity remains near records, but investors are selling nearly as much as they buy.
The "Magnificent Seven" is no longer one retail position. Microsoft and Nvidia attracted net buying over Vanda's 10-day window, while Apple and Tesla became sources of cash.
17 days ago
