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The pace and magnitude of flows into equity funds is flashing a contrarian sell signal says...

  • Friday, February 22, 11:27 AM ET
    The pace and magnitude of flows into equity funds is flashing a contrarian sell signal says BAML. $8.6B flowed into equity funds last week, the 13th consecutive week of positive reads - the longest streak in 13 years. Also seen are $3.7B of flows into bond funds and $32B of redemptions from money market funds.
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This news story has 13 comments:

  • Like leading cattle to a slaughter.
    22 Feb, 11:32 AM Reply Like
  • Must be close to a top.
    22 Feb, 11:44 AM Reply Like
  • Or the usual 5 to 7% correction which occurs 2 to 4 times a year in
    a bull market....
    22 Feb, 11:47 AM Reply Like
  • Yeah, I'm looking for a nice March correction in line with the congressional budget madness.
    22 Feb, 11:50 AM Reply Like
  • What do you call what happened this week?
    22 Feb, 11:59 AM Reply Like
  • A minor blip.
    22 Feb, 12:03 PM Reply Like
  • haha this 2% drop feeled like a major crash to many :P
    22 Feb, 12:34 PM Reply Like
  • Yeah, I'm sure. Unfortunately the positions I'm looking to get into didn't drop enough. Seems like everything is overbought, so I'm looking for more than 2% correction. I'm willing to wait to get in a good price though.
    22 Feb, 01:10 PM Reply Like
  • All the people above and elsewhare calling for a correction is a bullish signal.
    22 Feb, 01:47 PM Reply Like
  • @frosty: All bull markets have corrections. March is certain to bring uncertainty to the markets. ;-)
    22 Feb, 01:54 PM Reply Like
  • so it appears the so called dumb money is reallocating from their losing MM accounts into equity but are still adding to and not liquidating their bond accounts. Doesn't sound dumb at all.

    This may all be MSM/Obama sequester fever brought on by Obamas recent rants about the end of days slashing the 2.5% he signed off on.

    Nothing really to see here just keep moving along
    22 Feb, 03:36 PM Reply Like
  • yeah bbro;

    zh had a post on the memo to 'run the market up in the first few months say 10% or so, string it out long enough to sell acquired longs that are held over 60 days (thereby meeting new fed regs for non prop desks), then borrow all the shares of the recently enticed dummies, then dump it back to its yearly starting point, cover the shorts, go long again and wait until fall or year-end to dump again

    classic lather rinse repeat

    look, the TLT is a serious bellwether because it's halfway b/w the 10 and 30 so it covers this middle ground which is not as heavily traded but serves as a good indicator; I do not care what any newfound bull says, the Fed has got to cover their positions on not letting interest rates get out of hand which means defending the heck out of the ust's and so what if the foolish equity markets get a little trim
    22 Feb, 04:07 PM Reply Like
  • Wonder if it can get to 56 weeks, QE-Dimagio!
    23 Feb, 01:50 AM Reply Like
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