As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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Monday, 18 November 2013

Investors add US$34.1 billion to equity mutual funds in last 4 weeks


CW8888: Really? Retail investors were chasing stocks. Bull Peak coming in 2014?


From BusinessTimes, 18 Nov 2013

INVESTORS poured some US$34.1 billion into all equity mutual funds and exchange-traded funds in the past four weeks that ended Nov 13, the biggest four-week total since January, according to data from TrimTabs Investment Research.

TrimTabs research published on Sunday showed that retail investors have been piling into stocks at the fastest rate since January, when US$38 billion flowed into equities. "The record highs on many major US stock market averages are luring mom and pop back into the market," said David

Santschi, chief executive officer at TrimTabs Investment Research in a note.
The S&P 500 index is up 26 per cent year-to-date. "The intermediate-term demand outlook remains very favorable for US equities," Santschi said.

Investors are putting their money in US equities mutual funds more than global ones. About US$19.8 billion flowed into US equity mutual funds, compared to US$14.3 billion into global equity mutual funds in the last four weeks.

3 comments:

  1. The music will stop sooner or later, by then, we will know who is dancing around naked.

    Regards,
    SG Wealth Builder
    www.sgwealthbuilder.com

    ReplyDelete
  2. All the "HIP HIP HOORAY" about DJ But did you notice STI is playing Tai Chi. Just you wait and see lol!

    ReplyDelete
    Replies
    1. What are the retail investors in SG doing?

      All become so smart.

      Too many financial bloggers talking too much???

      LOL!

      Delete

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