Goodbye Mom And Pop: Retail Traders Sell Record $1.1 Billion In First Two Hours On Monday

As JPMorgan's Market Intel trader Andrew Tyler writes in his market wrap after Monday's rout, "despite an attempt to recover from last week’s selloff during Monday's pre-market hours, we saw selling pressure since market open and major indices all closed lower on the day. Underlying price action was a lot better than the index level: