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Moses
2026.05.08.
Retail demand for tech stocks is exploding: Individual investors bought +$1.1 billion of tech hardware stocks in the week ending May 6th, the 2nd-largest weekly purchase on record. This group includes Apple, SanDisk, Dell, Super Micro Computer and others. This marks the 5th consecutive weekly purchase. The only other week in history with a higher number of purchases was in September 2020, at +$1.3 billion. Meanwhile, SanDisk is up +3,731% over the last year, the best-performing stock of the Nasdaq 100 index. This exceeds Qualcomm's gain of +2,620% in 1999, the strongest annual return of the entire Dot-Com Bubble era. Euphoric sentiment has arrived.
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