NEW YORK ( TheStreet) -- Here is a chart that was just recently shared on StockTwits. It is remarkable to see, too.
The chart shows how much stock households are holding as a percentage of their total assets.
At this very moment, that percentage is at its highest level since 2000. This trend has been going up in a near straight line for the last five years. The retail investor is becoming more, and more aggressive when it comes to buying stocks. You may not think it, but developments like this can have huge implications on broad market indexes like S&P 500
On the chart, which is embedded below, you will also see how the current trend in household stock ownership compares to its historical average and other extreme levels like 1999/2000 tech bubble:
ChOTD-4/25/14: % of Household Financial Assets In Stocks @ Secular Market Extremes 1945-2014 $SPY http://stks.co/t0FSe - J. Lyons Fund Management, Inc. (@JLyonsFundMgmt) Apr. 25 at 12:05 PMIf you enjoyed this post make sure to follow the author on Twitter and StockTwits This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts