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The 'SMART' Money Is Dumping Stocks As BTFD Officially Ends
Professional money managers were leery about buying stocks during the recent rebound, judging from Bloomberg's Smart Money Flow Index, which tracks Dow Jones Industrial Average moves in the first and final 30 minutes of trading.
The thinking is that smart money will test the market and wait until the end of the day before committing to any large moves.The last time SMART money and the market diverged this much did not end well for stocks...
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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.
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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