The Kobeissi Letter
The Kobeissi Letter|Jul 16, 2026 16:02
Retail is cashing-in tech profits: Retail investors sold -$125 million in SanDisk, SNDK, stock last week, the largest sale among any stock. This was followed by Apple, AAPL, at -$120 million, and Tesla, TSLA, at -$105 million. Furthermore, retail investors sold -$65 million in Nvidia, NVDA, -$40 million in American Airlines, AAL, and -$22 million in Meta, META. This brings 2-week retail sales volume in TSLA and AAPL up to -$200 million. Meanwhile, the total retail turnover in single stocks rose to a record $370 billion, up from $220 billion at the start of 2026. Retail investors are locking in gains following a historic tech rally.(The Kobeissi Letter)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads