Retail Investors Piled in Just Before Stock Rally Fizzled: Chart

Retail Investors Piled in Just Before Stock Rally Fizzled: Chart

(Bloomberg) -- Retail investors jumped head first into last month’s market rally -- just in time to get burned by a correction. E*Trade Financial Corp. added 64,581 gross new brokerage accounts in January, according to a company statement. That’s the most in a month since September 2016 and came as the S&P 500 Index capped a 19 percent annual gain.

©2018 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES