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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (268428)8/11/2010 9:17:36 PM
From: Giordano BrunoRead Replies (2) | Respond to of 306849
 
Retail Investors Leave Stock Market And ETFs In Droves

MarketWatch.com reports Tuesday that retail investors “appear to be scaling back their trading activity in June.”

Trading is down approximately -30% in so far in June compared to May, according to a report from Sandler Oneil who says, ”We suspect the May 6 ‘flash crash’ as well as the market performance since then … have shaken the retail investor’s confidence” and that “June trading levels could be at multi-year low levels.”

Not good news probably for ETrade or Schawb.

This report comes on top of recent news that Morgan Stanley is closing 300 offices and laying off 1200 employees, along with lighter than normal volume in major equities markets and fund outflows of over $1 Billion for the week ending June 2nd as reported by the Investment Company Institute.

That was from June...

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