Al_Dente wrote:On the daily
“THEY” are:
1) de-risking by selling high betas
2) insiders aren’t buying as much as, say, #3
3) corporations that are heavy buyback-ers are buying (which Nomura is calling the "buyback bid.")
4) double top on the Momentum Portfolio
5) VTV, the Value Portfolio, is being bought
[add] REMINDER: the imminent Hedge Fund “redemption notices” date, which we posted about before, is Nov 15
"Another unwind of popular hedge fund positions has to do with the de-betaing of portfolios in a hurry … unwinding “long high beta, short low beta” bets"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote:Captain Obvious. ... I am on the south bound train atm.
I am not on a train I am sitting in a train station, sniffing flowers. My hands are pressed firmly under my ass. Neither bull nor bear.
The charts are all pointing lower or sideways ahead. But this is a historically bullish next couple of weeks, in terms of Presidential Cycle as well as annually-recurring periods of strength. It’s historically been a bad time to hold bearish positions, in terms of profit curves.
Perhaps one could trade off a tag of a bollinger-band, upper or lower... or just stay in cash sniffing flowers... ..
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