đ¶ Record-Breaking Purchases: Retail investors have poured a staggering $5.9 billion into Nvidia stock, $NVDA, over the last month, marking the highest amount on record.
đ¶ Surging Interest: Purchases of $NVDA have more than doubled in just 5 weeks, with retail's 1-month buying sum skyrocketing over 600% since May, according to Vanda Research.
đ¶ Comparison to Tesla: Despite this surge, retail's Nvidia buying is still below the Q1 2023 record of ~$8.2 billion set by Tesla, $TSLA, retail investors.
đ¶ Leveraged ETF Flows: Retail investors are also heavily betting on Nvidia through leveraged long ETFs like $NVDL, $NVDU, and $NVDX, with $260 million flowing into these funds over the last monthâa new all-time high.
đ¶ Risk Appetite Soars: Retail investors' appetite for risk is through the roof as they continue to bet big on Nvidia's potential.
Is this the start of something bigger? Stay tuned! đ
