‘Buy the Dip’ is faith’s last bastion: Individual investors

Contrary to their caricatures as the fickle winds of finance, individual investors are what keep the “buy the dip” belief alive. But their appetite for harm may also have its limits.

The S&P 500 Index is on its way Worst first half in decadesIndividual investors still bought $24 billion worth of US stocks in the past month, in line with the average for the past two years, according to the latest data published Wednesday by flow tracker Wandatrack. Even buying of single equities, which are generally more vulnerable to changes in sentiment than exchange-traded funds, remained strong in contrast to the Covid-19 selloff in February 2020 and the end of 2021 Is.