Retail investors just posted the longest streak of buying bank stocks since 2008, BofA says

The New York Stock Exchange in lower Manhattan on Nov. 24, 2020 in New York City.
Spencer Platt | Getty Images News | Getty Images

Retail investors have been net buyers of financial stocks for the last eight weeks, a bullish sign for the group and the longest such streak since 2008, according to Bank of America equity analysts.

More In Pro Insight

CNBC ProCiti names its ‘highest conviction ideas’ for the second half of 2022 — and gives one upside of 85%
CNBC ProChip stocks are in trouble. But analysts are giving some serious upside — naming one with over 70%
watch now
CNBC ProIBM, Netflix, and Disney are some of today's stocks: Pro Market Movers July 6