‘Buy the Dip’ Believers Are Tested

Small investors continue to pour money into stocks despite the grimmest outlook in years 

Small investors plowed $114 billion into U.S. stock funds through March 

Many said the calculation is simple: History has shown that stocks eventually go up.

https://www.marketwatch.com/story/market-newbies-got-an-investing-lesson-during-the-pandemic-the-cost-losses-of-1-1-billion-in-options-trading-11652111263

Day Trader Army Loses All the Money It Made in Meme-Stock Era

“A lot of these guys started trading right around Covid so their only investing experience was the wacked-out, Fed-fueled market,” said Matthew Tuttle, chief executive officer at Tuttle Capital Management LLC.

 “That all changed with the Fed pivot in November, but they didn’t realize that because they have never seen a market that wasn’t supported by the Fed,” he said. 

“The results have been horrific.”

https://www.bloomberg.com/news/articles/2022-05-08/day-trader-army-loses-all-the-money-it-made-in-meme-stock-era