The ‘SMART’ Money Is Dumping Stocks As BTFD Officially Ends
by Tyler Durden
ZeroHedge.com
Wed, 03/28/2018
Professional money managers were leery about buying stocks during the recent rebound, judging from Bloomberg’s Smart Money Flow Index, which tracks Dow Jones Industrial Average moves in the first and final 30 minutes of trading.
The thinking is that smart money will test the market and wait until the end of the day before committing to any large moves.
The last time SMART money and the market diverged this much did not end well for stocks…
The Rest…HERE
