Tuesday, April 5, 2016

Smart Money Sales

"If you're the first out the door, that's not called panicking."
--John Tuld (Margin Call)

Data continue to suggest that 'smart money' types such as institutional clients of big banks have been net sellers of the most recent rally.

Plausibly, recent central bank attempts to restore market confidence have only resonated with fools.

position in SPX

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