Bank of America (BofA) reports that its private clients have initiated a historic buying streak that marks the longest start-of-year trend in data since 2008. A total of $2.5 billion was added to US equities last week alone, showcasing a notable preference for single stocks despite mixed ETF flows.

The ongoing purchasing momentum signals strong confidence among retail investors, even as institutional and hedge fund sentiments appear bearish, raising questions about future market stability.

Moreover, with corporate buybacks at elevated levels, investors are urged to track incoming trends in sectors like technology and healthcare that appear to be attracting significant capital.

In conclusion, this buying spree amongst private clients contrasts sharply with broader market sentiment, highlighting possible volatility on the horizon.