Hua Er Jie Jian Wen·2026-01-23 09:04Group 1 - Retail investors made significant purchases during market panic, achieving a net buy of $12.9 billion this week, marking the third-largest single-day buy of the year [1] - Over the past 21 trading days, retail investors' cumulative net purchases exceeded $45 billion, indicating a shift from risk aversion to active allocation [1] - Retail sentiment has transitioned from a defensive stance to a more proactive investment strategy, as evidenced by their buying behavior [1][3] Group 2 - Following Trump's remarks in Davos, market sentiment improved, confirming retail investors' expectations of a market reversal [3] - Retail investors' buying in ETFs and individual stocks has become more balanced, reflecting a diversification in their investment strategies [3][22] - The technology sector remains the primary focus for retail investors, with significant net purchases in stocks like Tesla and Amazon, while Apple has seen net selling [12] Group 3 - Precious metals have regained popularity among retail investors, with ETFs in this category becoming a buying hotspot [4] - Broad-based stock ETFs contributed approximately 40% of total ETF purchases, driven by strong inflows into QQQ, SPY, and VOO [7] - Retail investors are actively participating in the options market, focusing on high-profile stocks and precious metal ETFs [24]