Retail demand for stocks is incredibly strong: Retail investors purchased US equities in the 22 consecutive sessions ending November 3rd, the 3rd-longest streak since the memestock mania in 2021. This also ranks as their 6th-longest purchasing streak since 2017. Over this period, retail investors bought ~$33 billion in equities, their 5th-largest purchase since 2017. This equals an average of ~$1.5 billion per trading session, and +40% above the trailing 12-month average. Year-to-date, retail investors have purchased a record +$251 billion in equities, surpassing the previous full-year record of +$241 billion set in 2021 and marking a +134% increase from the same period last year. Retail continues to buy the dip.