Retail investors are increasingly driving the market: Retail's share of total single-stock trading volume has reached 14%, the highest since at least 2018. This even surpasses the ~12% recorded during the meme stock frenzy of 2020-2021. By comparison, the average over the last few years has hovered around 10%. Individual investors’ top holdings are Nvidia, NVDA, Apple, AAPL, and Tesla, TSLA, at 472 billion, 284 billion, and 256 billion, respectively. In other words, retail investors own over 1 trillion in just 3 stocks. Do not underestimate the power of retail.