So that market sell-off we saw on Tuesday turned out to really be a buying opportunity for a lot of individual investors this week brought the strongest level of buying that we've seen since December among the retail crowd at least.

That's according to Vanda Research, which calls out in a note this week

that animal spirits as they put it are live and well the breadth of buying was

also widespread which tends to suggest more optimism but traders are especially

optimistic on semiconductor stocks.

You got AMD and NVIDIA seeing a surge in retail inflows this year, outshining Tesla, if you could believe it.

Tesla has been a long time investor favorite.

It's seen its share of total traded value dropped at the lowest level.

In two years, it's still the most widely held name

by individuals lately, though investors have been more actively buying into chip names with

less interest in Tesla as you can see in the chart there.

NVIDIA earnings are one big catalyst the chipmaker reports next week there has been

a surge in options activity ahead of that with call turnover

hitting highest levels and levels we haven't seen since last summer's AI

frenzy. Amanda also points out that the stock is heavily crowded at this point it

could see some exhaustion in moment over the next

four to six weeks depending on how earnings go overall call options across the

market have picked up notably as Vanda puts it according to that note in recent

weeks speculative options trading still well below the 2021 peak,

but it does indicate a bit of a return of risk appetite among retail traders.

And speaking of risk appetite, Bitcoin is having a great week above $52,000 this morning

though.

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