Posted on 12/14/2018 2:26:26 PM PST by aimhigh
Investors rushed out of U.S. equity funds in the second-biggest weekly exit on record, according to Bank of America Merrill Lynch, as the market sell-off pushed traders to seek safe havens.
U.S. stock funds bled $27.6 billion in the days through Dec. 12, which includes last Friday’s plunge in the S&P 500 Index that capped the worst week for the gauge since March, according to BofA’s note, which cited EPFR Global data. This is the second-biggest redemption since February’s spike in the VIX volatility measure, according to Jefferies Financial Group Inc.
(Excerpt) Read more at finance.yahoo.com ...
And I blame the incoming House Democrats.
Funny, I blame the Leadership of BOTH parties for their Quisling behavior surrounding the entire Trump/Russia fiasco, in which they were ALL a Party to TREASON!!!
More taxation on Capital Gains coming up?
Yea and where did the money go ??
personally I am hoping it drops more for the year end distribution and reinvestment
of ST Lt cap G and Divs.
I’m blaming gravity... that whicheth goeth uppeth can cometh downeth...and whence it downeth, rapidly it come uppance. Don’t be a dunce, buyeth!
That is mis-leading at best. Market is STILL so much higher now since November 2016.
Stocks always FLUCTUATE. There is never a straight line move. And in my opinion, stocks are STILL way over-valued.
It disappears. It’s all paper money unless a purchase is made, or a redemption is made. The stated price of a security is only based upon a bid and an ask at any given time. Any security can go to zero without a single dollar transaction taking place.
This is one of the biggest tax loss seasons in several decades. Folks are clamoring for write offs, and the market is backing off on securities at a loss. Influx of sell orders quickly drives market down. Some of these heavily sold off stocks are now retarded cheap.
Yap, stocks are like water...both always seeks the right level one way or the other. The rain can make water go high in the mountains but it finds a way down to the ocean.
I wish I had a stock-loss.....I am still way ahead. Like from $375k invested now at $700k. If I sell, IRS will be happy.
Forsooth!
What do you think if someone could provide evidence of a RICO conspiracy among hedge funds and institutional investors to tank the market?
That person would have to constantly watch their six.
5.56mm
Ok, you appear to understand more about this than others...so what do you think caused this?
The market isn’t science like water and equilibrium because for both directions, it likes to ....fool with us.
This pull back is in part to blame for the FANG ponzi scheme and its need to be unraveled. There are dozens of stocks in the top levels of the sp500 that are as overpriced and fraudulent as anything seen in 1999.
Overvalued tech
Excessive use of the SP500 index
Profit taking
Tax loss selling
Overwhelming sell volume
Small investor liquidation panic
Hedge fund margin calls
Foreign investors liquidating US stocks
Concerns over Dems taking house
Tea leaves of slowing consumer spending possible
Fraud, Soros, et al
Investors rushed out of U.S. equity funds
This article refers to individuals selling equity funds and going else where, where did they go, cash bonds ?
It didnt disapear,the split between yesterdays high and todays close disappeared not what folks move out today
Computerized trading
Fraud, evil, manipulation...
So prevalent in global markets that it’s almost a gift. Anything that is “KNOWN”, is a tool to use in analysis.
It is quite possible that many stocks are being manipulated today for partisan politics or theft. Recall election night and the futures? Threatening us if we voted Trump? And as far as I know, never investigated. Good grief...
There is zero correlation between dollars and points moved. Sorry.
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