Retail Investors Find A New And Extremely Dangerous Way To Chase TSLA

Last week we pointed out that as retail investors continued to dominate the market and in absence of institutional investors remained the marginal price setters, retail traders had aggressively bought TSLA in the last week of May 30 (buying over $4.4BN) as the stock sunk by 8%. Notably, Goldman reported that May 30 marked the largest daily net buying in 2 months (while NVDA led the selling flow, and at $2.2BN it marked the longest selling streak of 17 days since 2018).