Buy the DIP

Retail investors bought equities at a record pace over the summer, propelling stock records
“Retail investors have been buying stocks and equity funds at such a steady and strong pace that makes an equity correction looking rather unlikely,” JPMorgan global strategists including Nikolaos Panigirtzoglou wrote in a Sept. 1 note. “Whether the coming Fed policy change changes retail investors’ attitude towards equities remains to be seen.”

https://www.bloomberg.com/news/articles/2021-09-08/u-s-stocks-cut-to-underweight-at-morgan-stanley-on-higher-risk?sref=CnDjOD7m

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