Even more striking was the amount of money going into equity mutual funds, the purview of the less-active, more traditional retail investors. Of that $22 billion inflow, $8.9 billion was into these funds, the biggest weekly influx in 12 years. Bofa/Merrill Lynch, which uses a composite from Lipper, EPFR and other services, has the data going back to 1992.
"Crisis fatigue has settled in and now investors, especially retail, see that they're missing the potential upside and dividend potential of stocks while hiding in bonds," said Mitch Goldberg of ClientFirst Strategy. "The Armageddon that they expected simply never materialized. They simply became too negative after being pounded into the dirt a few times in the last 12 years."
The S&P 500 jumped 13 percent in 2012, its biggest gain in three years and likely quite the eye-catcher on the front page of newspapers and inside investment account statements.
For the best market insight, catch 'Fast Money' each night at 5pm ET, and the 'Halftime Report' each afternoon at 12:00 ET on CNBC. Follow @CNBCMelloy on Twitter.
Traderdisclosure: On January 11, 2013, the following stocks and commodities mentionedor intended to be mentioned on CNBC's "Fast Money" were owned by the"Fast Money" traders; Jon Najarian is long RIMM CALLS; Jon Najarianis long call spreads in DNB; Jon Najarian is long call spreads in LVS; JonNajarian is short HLF 40 straddles; Stephen Weiss is long M; Stephen Weiss islong BAC; Stephen Weiss is long JPM; Stephen Weiss is long C; Stephen Weiss islong FB; Stephen Weiss is long TBF; Joe Terranova is long VRTS; Joe Terranovais long XOM; Joe Terranova is long AAPL; Joe Terranova is long SWN; JoeTerranova is long GS; Joe Terranova is long MS; Joe Terranova is long DELL; JoeTerranova is long GLW
For Ben Reitzes
Barclays Bank PLC and/or an affiliate is a market-maker and/or liquidityprovider in securities issued by Apple, Inc. or one of its affiliates: AAPL
Barclays Bank PLC and/or an affiliate has received compensation for investmentbanking services from Apple, Inc. in the past 12 months: AAPL
Barclays Bank PLC and/or an affiliate trades regularly in the securities ofApple, Inc: AAPL
Barclays Bank PLC and/or an affiliate has received non-investment bankingrelated compensation from Apple, Inc. within the past 12 months: AAPL
Apple, Inc. is, or during the past 12 months has been, an investment bankingclient of Barclays Bank PLC and/or an affiliate: AAPL
Apple, Inc. is, or during the past 12 months has been, a non-investment bankingclient (securities related services) of Barclays Bank PLC and/or an affiliate:AAPL