BREAKING šØ
Hedge funds went allāin on U.S. equities, buying shares in every trading session last week. š
The week marks the secondālargest cumulative purchase in the past year, with roughly 70% of the volume in singleāstock longs and modest shortācovering. Technology and communication services led the charge, as eight of eleven sectors recorded net buying. Index futures and ETFs made up the remaining ~30% of demand, while short positions in U.S. ETFs fell for the sixth straight week. š
Analysts view this as a decisive bet on market strengthāstay tuned for updates. š
$ACE, $ALPINE, $ACE
Hedge funds went allāin on U.S. equities, buying shares in every trading session last week. š
The week marks the secondālargest cumulative purchase in the past year, with roughly 70% of the volume in singleāstock longs and modest shortācovering. Technology and communication services led the charge, as eight of eleven sectors recorded net buying. Index futures and ETFs made up the remaining ~30% of demand, while short positions in U.S. ETFs fell for the sixth straight week. š
Analysts view this as a decisive bet on market strengthāstay tuned for updates. š
$ACE, $ALPINE, $ACE