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 .