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Cracks are finally showing in retail traders' 'diamond hands', after 2 years of relentless tech-stock dip buying

3 monthes ago   |   By Business Insider

Data suggests retail investors are pivoting away from flashy tech stocks. VIEW press/Getty Images
Retail investors seem to be tiring of buying the dip in flashy tech stocks, as the market sell-off knocks confidence.
Instead, they've been chasing rallies in value sectors like energy and financials, an analyst said.
Robinhood's weak Q4 earnings added to worries that retail traders may not have the market's back in 2022.
The army of retail investors that mushroomed during the pandemic has been relentlessly "buying the dip" in technology stocks for almost two years. Online, they cheer each...
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