BREAKING đš
Hedge funds went allâin on U.S. equities, buying shares in every trading session last week. đ
The week marks the secondâlargest cumulative purchase in the past year, with roughly 70% of the volume in singleâstock longs and modest shortâcovering. 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. đ
Analysts view this as a decisive bet on market strengthâstay tuned for updates. đ
$ACE, $ALPINE, $ACE
Hedge funds went allâin on U.S. equities, buying shares in every trading session last week. đ
The week marks the secondâlargest cumulative purchase in the past year, with roughly 70% of the volume in singleâstock longs and modest shortâcovering. 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. đ
Analysts view this as a decisive bet on market strengthâstay tuned for updates. đ
$ACE, $ALPINE, $ACE