charts: SPY vs MMF & Bullish %

Description of Funds used in the above charts
SPY -  ETF proxy for the S&P500

RYFXX - (money is parked here when not invested) - The U.S. Money Market Funds seeks to provide security of principal, high current income, and liquidity.


RYNVX - (long fund) - Intended for investors who expect the S&P 500® Index to go up and want accelerated investment gains when it does so. However, there is an increased risk of accelerated losses if the market declines.

RYURX -  (short fund) - Provides an alternative to shorting individual stocks.  A potential portfolio hedge against market declines due to its inverse correlation to the underlying benchmark.

Comments
The charts are all from March 2009 to the present.
The scale on the MMF chart was inverted to correlate highs and lows with the SPY.  When investors and traders sell their positions, that money gets parked in the MMF until they reinvest it.  Back in March 2009 when the stock market bottomed, investors and traders had been selling their positions for months.  The MMF had grown to approximtely $1,370.0Bil.  When the stock market reversed and started to go up, investors and traders took their money parked in the MMF and put it to work in various funds, the amount of money in the MMF gets reduced.   You can see this in the chart.  Several highs and lows in the SPY was pointed out with blue vertical lines for lows and red vertical lines for highs.  As you can see the highs and lows in both are similar, since the MMF scale was inverted.
Currently the MMF is about $450Mil and the lowest amount since March 2009, indicted by the red circle.  This maybe concerning that highs have been made with larger amounts in the MMF. 

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results