🚨 $48 BILLION IN 3 WEEKS AT ALL-TIME HIGHS?! THIS HAS NEVER HAPPENED BEFORE.

Retail investors just poured $48 billion into stocks.
In three weeks.
While the market is sitting at all-time highs.

And somehow… barely anyone is calling this what it is:

Absolute euphoria.

This isn’t just a buying wave.
It’s the largest retail buying spree ever recorded.

Bigger than the meme stock frenzy.
Bigger than the pre-2022 crash dip-buying.
Bigger than anything we’ve ever seen.

Let’s rewind for a second.

The last time retail got this confident?
They bought $33B right before the 2022 bear market…
Then panic-sold $10B at the exact bottom.

Perfect timing — just in the wrong direction.

Now look at household equity allocation: 45–49% of financial assets.

For context?
The dot-com peak was 40%.

We all know how that movie ended.

💰 “There’s So Much Cash on the Sidelines” — Really?

Yes, money markets hold trillions.

But relative to total market cap? That ratio is 0.19 —
the exact same level as the 2021 peak.

You know what real market bottoms look like?

That number closer to 0.35.

This isn’t fear.
This is positioning.

🏦 Meanwhile, Wall Street Is Doing the Opposite

While retail is buying with both hands…

Institutions quietly dumped $31B in April alone.

Let that sink in.

Retail all-in.
Institutions stepping out.

Draw your own conclusions.

⚠️ History Is Brutal About This

Every single time households have pushed equity exposure to extremes…

It has ended badly.

Every.
Single.
Time.

This isn’t about doom-posting. It’s about pattern recognition.

I don’t track prices.
I track sentiment.

And when sentiment gets this one-sided, I pay attention.

For the last decade, I’ve done the opposite of the crowd —
that’s how bottoms are bought and tops are sold.

When the real bottom comes and I’m buying aggressively,
I’ll say it publicly.

Ignore this if you want.

But when the cycle turns — and it always does —
you’ll wish you had.