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Stocks , Investing
     

New Update on the Public’s Voracious Appetite for Stocks

Here’s a month-to-month breakdown of how much money individuals are spending on stocks

by Bob Stokes
Updated: November 16, 2021

It's been noted before in these pages that...

...Investors have put more money into stocks in the last 5 months than the previous 12 years combined

That was an April CNBC headline.

That remains an astounding fact to contemplate and a testimony to a widespread cavalier sentiment toward risk. The basic attitude is that stocks almost always go up.

Well, nearly a half year since that CNBC headline published, the public's interest in stocks has remained intense.

Here's an update from our November Elliott Wave Financial Forecast:

PublicPilesIn

When it comes to retail trading, investors are positively euphoric. JMP Securities estimates that 10 million new traders entered the stock market in the first ten months of the year, which is "on pace" with the prior record year in 2020. The chart of monthly net purchases of U.S. equities shows that buying fever is increasing. Last year was a record year for net buying, but it featured just 5 months in which net purchases surpassed $20 billion. According to VandaTrack, net buying has exceeded $20 billion in every month of 2021, with data through September.

Of course, the only reason why anyone buys a financial asset is that they believe the price will go up.

Indeed, this Oct. 21 financial headline is indicative of the pervasive bullish sentiment (Marketplace):

Will stock market indexes go up forever?

History suggests that the answer is an emphatic "no."

The current uptrend -- no matter how dogged -- will change sooner or later.

The best way to anticipate this change is by employing the Elliott wave model.

Returning to the November Elliott Wave Financial Forecast:

Staying highly attuned to the progressing wave structure has never been more important.

Get the details of why this major statement was made about the stock market. Plus, learn about the wave structures of bonds, gold, silver, the U.S. dollar and more.

Just follow the link below to gain access to our flagship investor package so you can prepare.

Will You Believe Your Own Eyes?

Renowned Elliott wave expert Hamilton Bolton once said this about Elliott wave analysis:

"The hardest thing is to believe what you see."

In other words, take the chart pattern at face value -- unless and until the price action clearly changes.

Right now, Elliott wave analysis is suggesting a price path for some major U.S. financial markets that will likely take most investors by surprise.

Yet, you can be different. You can be prepared as you learn what our Elliott wave analysts anticipate for the remainder of 2021 and 2022.

Follow the link below to tap into the insights in our flagship investor package.

Financial Forecast Service

$69

All month long, Financial Forecast Service helps you stay ahead of the waves in the U.S. markets on the timeframes that matter the most. FFS covers the stock indexes, bonds, gold, silver, the U.S. dollar, as well as market psychology and cultural trends. It is our best-selling service.

Comprises the monthly Elliott Wave Financial Forecast, 3x-per-week Short Term Update and at least 12x-per-year Elliott Wave Theorist.

Emerging Markets vs. Commodities: Moving Together, Again

Commodities and emerging markets usually move together... except of most of 2021. Now, they are moving together again: down. Watch our monthly Asian-Pacific Financial Forecast editor explain the significance -- and give you a hint at what's next.

New, December European Financial Forecast: Sneak Preview

Normally, stocks peak first, and consumer sentiment follows -- but in Germany, the two have reversed -- why? Also, what does the anxiety in the forex market say about the wave structure of the broader market? Watch our European Financial Forecast editor Brian Whitmer touch on all of that in this short video.

Here’s a Warning Sign for the Non-Fungible Token Marketplace

The November Elliott Wave Theorist mentions key financial markets and says "it is a unique era." One aspect of this "unique era" is the monetization of digital content. Here are some timely insights.