Retail investors have been actively purchasing U.S. stocks, with net buying recorded in 44 out of 51 sessions, according to Goldman Sachs. This trend comes as institutional investors have been selling stocks at a rapid pace, marking the fastest rate of U.S. stock dumping since the 2022 bear market. Hedge funds are reportedly shifting their focus from U.S. equities to European stocks, with a notable increase in exposure to Europe. As of now, hedge funds are short $34 billion on U.S. equities while holding $52 billion in European equities, indicating a significant rotation in investment strategies. Despite the market sell-off, retail flows into technology stocks have more than tripled in recent weeks, with individual investors maintaining a net buying position in all but seven trading days this year. Goldman Sachs predicts that this trend of retail buying will continue in the coming days and weeks, as consumer confidence data is awaited to gauge the market's direction.