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‘Why am I Doing This?’ These Investors Are Locking in Stock Gains While They Can. (WSJ)
”Overall, individual investors are still buying stocks more than they are selling. But a rally-chasing shopping spree cooled significantly in May … Retail traders bought $23 billion worth of equities in May, according to a JPMorgan Chase report, down roughly $17 billion from the month prior. Last week, individual investors sold a net $400 million worth of individual stocks, the bank’s analysts found.”