Since Feb 10,2017 the market capitalization in the RYNVX Long Fund was about $75Mil.
As the DJIA kept making new ATH's this Long Funds balance was between $75-$77Mil.
Between Friday and today this funds Market Capitalization grew to $308Mil.
This is the largest amount in the Fund since March 2009.
On Jan 20,2016 and on Feb 9,2016 when the stock market sold off this fund had a total of $36Mil.
In general the public has been decreasing their positions in Long Funds when the market corrects and the public has been increasing their positions in Long Funds when the market rallies.
RYNVX - Rydex Nova Fund Investor Class (Long Fund)
This high dollar amount in the RYNVX long fund displays greed in the market...
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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
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