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"Buy The Dip" Is Dead: Retail Sells Today's Market Bounce, 2nd Time This Week; Sells Nvidia

Tyler Durden's Photo
by Tyler Durden
Authored...

Two weeks ago we warned that the BTFD trade - that staple of every market dip in the past 3 years - appeared to be fading rapidly, as retail investors were demonstrating "persistent signs of weakness" following the start of the Iran conflict with weekly purchases decelerating by ~30% after defying seasonal patterns and making February their 3rd largest month on record; additionally, that Monday marked the largest retail net-selling day in single stocks in a month.