Friday Outlook: Commodities, Emerging Markets 2 comments
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<< Return to page 1 - Thrills and Spills
Mutual fund or ETF cash-inflows, per this report from AMG Data, show little money coming to the market:
click to enlarge
That concludes another episode of stock market thrills and spills. I’m back at my office and enjoying using my big screens versus a laptop. I can’t say we enjoyed the week since we lost money on the few small positions we employed roughly two weeks ago. But, as an old friend advises, “put that in the book and move on”.
We could be in for a Bernanke weekend with the Fed dealing with apparent difficulties with both BAC and C. This entire mess is an expensive turn-off, especially when the BAC chief beats his chest that he doesn’t need any bailout money but evidently does and did. So the lies continue.
Have a great and warm weekend!
Disclaimer: The ETF Digest has no positions.
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FWIW, my data, SPY, 1 min bar, for yesterday, Fidelity, shows 16.45 Mil shares. Not 40 Mil, but still a lot