Retail investors are piling into energy stocks: Individual investor net buying of the US Energy Sector ETF, XLE, jumped +427% between Friday and Monday. In the first 30 minutes of Monday's session, retail net turnover exceeded $4 million, marking a +300% surge from Friday and +700% since Wednesday. As a result, retail investor purchases have surpassed the combined demand of the previous 3 full trading days. Buying interest in technology stocks was also robust, with Nvidia, NVDA, and Palantir, PLTR, seeing strong inflows. PLTR inflows ranked in the top 25% of all days over the last month. Retail risk appetite remains incredibly strong.(The Kobeissi Letter)