Market Event which could bring trading opportunities
The primary driver of flow in Q1 was again capital pouring into US Cash Management strategies to the tune of $330.3 billion. Institutional flows into US cash have been larger than any other primary strategy for the seven consecutive quarters, however inflows in Q1 2020 were the largest ever since eVestment began tracking institutional flow
Important to notice that Bears are not as strong as I expected, this of course does not mean they will continue weak in the future. I am not sure why with this Macro Data, the Equities are holding current levels. TODAY FROM REUTERS: The U.S. Labor Department is expected to show initial claims for state unemployment
Contrary to most market participants the SP500 is now near April high and back to the supply area shared in the chart. The chart below shows FANG stocks YTD and the SPY. #AMZN and #MSFT positive YTD My systems are reading Mutual Funds buying and a significant lack of sellers at current prices, if this
