Retail traders chase shiny objects but refuse to bet on S&P 500

The gap between the cash that’s come into the stock market and gone out in the past four weeks has shrunk to $13 billion, the lowest since the Covid-19 pandemic, according to data from Vanda Research Retail traders, some of the staunchest supporters of the stock market this decade, are showing signs of waning conviction.

The crowd is hopping in an out of sp...