Home on The Street. Retail Investors Come Off of the Sidelines

Home on The Street. Retail Investors Come Off of the Sidelines

Home on The Street, Retail Investors Come Off of the Sidelines

$SPY

Retail investors plowed more cash into the markets last week, delivering US-based taxable-bond and international stock funds their 14th week running of inflows, the data showed Wednesday.

Stock mutual funds and ETF’s (exchange-traded funds) netted $9.1-B during the week ended 8 March 8, while bond funds attracted $6.9-B.

Commodity funds, including those that buy safe-haven Gold, posted $663-M in their largest week of withdrawals since December.

The buying spree this year marks a sharp departure from investors’ hesitance through much of Y 2016, and it comes even as some money managers warn about richly valued US stock and corporate bond markets.

There has been a huge demand for fixed income and for yield in this environment, as equity valuations as are at stretched marks in here.

Symbol Last Trade Date Change Open High Low Volume
NYSE:SPY 238.95 15 March 2017 2.05 237.56 239.44 237.29 94,446,800
HeffX-LTN Analysis for SPY: Overall Short Intermediate Long
Bullish (0.44) Bullish (0.29) Very Bullish (0.50) Very Bullish (0.54)

Stay tuned…

 

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