A basket of 50 stocks popular with retail traders has fallen 13% in July alone, according to Bloomberg, marking the steepest monthly decline for the group since 2022. A separate tracker maintained by Jefferies, focused on Russell 1000 companies with high retail ownership, shows a plunge of more than 25% since June. Traders who had piled into high-beta names like Robinhood Markets and Marvell Technology in the first half of the year have been the hardest hit. Momentum strategy returns for retail traders are now at their lowest point in four years.
Source: Read the original article
