According to @KobeissiLetter, individual investors are on track for their 23rd consecutive month of net stock purchases, signaling continued retail buying in U.S. equities (source: The Kobeissi Letter, X post on Nov 27, 2025). According to @KobeissiLetter, this streak is second only to the 32-month run from April 2020 to November 2022 (source: The Kobeissi Letter, X post on Nov 27, 2025).