At one point on monday, retail investors had bought the largest amount of stocks ever

Marketwatch

At one point on monday, retail investors had bought the largest amount of stocks ever"


Play all audios:

Loading...

The buy-the-dip frenzy is continuing, as evidenced by this eye-popping stat. According to JPMorgan's trading desk, at 12:30 p.m. Eastern time on Monday, retail investors had bought a


net $4.1 billion of stocks, which the firm said was the largest-ever level for this time of day. To put it in mathematical terms, that's an increase of more than 11 standard deviations.


By day's end, the frenzy had abated a bit but still resulted in net purchases of $5.4 billion from retail investors, JPMorgan said.


Trending News

Meningeal lymphatics clear erythrocytes that arise from subarachnoid hemorrhage

ABSTRACT Extravasated erythrocytes in cerebrospinal fluid (CSF) critically contribute to the pathogenesis of subarachnoi...

Inverse iron oxide/metal catalysts from galvanic replacement

ABSTRACT Key chemical transformations require metal and redox sites in proximity at interfaces; however, in traditional ...

Specificity of end resection pathways for double-strand break regions containing ribonucleotides and base lesions

ABSTRACT DNA double-strand break repair by homologous recombination begins with nucleolytic resection of the 5’ DNA stra...

Success rates of re-excision after positive margins for invasive lobular carcinoma of the breast

ABSTRACT Rates of positive margins after surgical resection of invasive lobular carcinoma (ILC) are high (ranging from 1...

Maharashtra dy cm devendra fadnavis denies finalised seat-sharing for 2024 lok sabha elections, says talks yet to commence

Maharashtra Deputy Chief Minister and senior BJP leader Devendra Fadnavis on Monday categorically stated that a seat-sha...

Latests News

At one point on monday, retail investors had bought the largest amount of stocks ever

The buy-the-dip frenzy is continuing, as evidenced by this eye-popping stat. According to JPMorgan's trading desk, ...

The Caribbean Sea | Nature

ABSTRACT THE Coast Survey steamer _Blake_, Commander J. R. Bartlett, U.S.N., Assistant Coast Survey, recently returned f...

Three years' experimenting in mensurational spectroscopy 1

ABSTRACT BY A NEW HAND THEREAT II. _The Whole Solar Spectrum_.—Could an observer, who had once made close acquaintance w...

What you need to know about home monitoring systems


Getty Images En español | You've probably heard the pitch for do-it-yourself home security: You can install the cam...

Characterization of the fgf axis and identification of a novel fgfr1iiic isoform during prostate cancer progression in the tramp model

ABSTRACT Expression of the fibroblast growth factor (FGF) axis was examined during prostate cancer progression in the au...

Top