Retail Investors Stayed Bullish But Sold Apple, Tesla in January

For all the trepidation over a Trump administration, retail investors stayed squarely on the bullish side to start the year.
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For all the trepidation over a Trump administration, retail investors stayed squarely on the bullish side to start the year. TD Ameritrade's index which aggregates Main Street investor positions, rose 4.2% to 5.71 in January as retail investors increased their exposure to the U.S. equity markets to start the new year. The S&P 500 rose 1.8% for the month, while the VIX, or so-called fear index, fell from 14 to 12. JP Morgan (JPM) - Get Report and Bank of America (BAC) - Get Report  were among the stocks that were net buys, while Apple (AAPL) - Get Report and Tesla (TSLA) - Get Report were net sold.