The Selling Returns With A Vengeance: The “Smart Money” Dumps Most Stocks Since mid-April
by Tyler Durden
ZeroHedge.com
Jun 14, 2016
BofA’s “smart money” clients returned to selling US stocks last week, after a week of net buying. They have been sellers in 19 of the last 20 wks. Net sales soared to $3.8bn last week – the largest since mid-April, with selling led by institutional clients. Net sales of single stocks were broad-based across sectors; ETFs, meanwhile, saw net buying.
The Rest…HERE
