The TMT sector leads the largest net selling in the U.S. on record this month - GS

seekingalpha06-27

Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2446568972?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1358049785/image_1358049785.jpg","is_english":true,"pubTime":"2024-06-27 22:53","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2446568972","market":"sh","top_or_hot":-1,"title":"The TMT sector leads the largest net selling in the U.S. on record this month - GS","media":"seekingalpha","content":"<div>\n<p>Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year ...</p>\n\n<a href=\"https://seekingalpha.com/news/4120123-the-tmt-sector-leads-the-largest-net-selling-in-the-us-on-record-this-month-gs\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The TMT sector leads the largest net selling in the U.S. on record this month - GS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe TMT sector leads the largest net selling in the U.S. on record this month - GS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-27 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4120123-the-tmt-sector-leads-the-largest-net-selling-in-the-us-on-record-this-month-gs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year ...</p>\n\n<a href=\"https://seekingalpha.com/news/4120123-the-tmt-sector-leads-the-largest-net-selling-in-the-us-on-record-this-month-gs\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLY","symbol_name":"消费品指数ETF-SPDR可选消费品","start_time":0,"source_url":"https://seekingalpha.com/news/4120123-the-tmt-sector-leads-the-largest-net-selling-in-the-us-on-record-this-month-gs","article_id":"2446568972","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1358049785/image_1358049785.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2446568972","pubTimestamp":1719500027,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year lo","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLY":"消费品指数ETF-SPDR可选消费品","XLP":"消费品指数ETF-SPDR主要消费品","VCR":"可选消费ETF-Vanguard","PSI":"INVESCO SEMICONDUCTORS ETF","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4535":"淡马锡持仓","LU0106831901.USD":"贝莱德世界金融基金A2","AMLP":"Alerian MLP ETF","BK4550":"红杉资本持仓","BK4588":"碎股","VAW":"Vanguard Materials ETF","BK6520":"工商业服务概念","BK4552":"Archegos爆仓风波概念","FDIS":"Fidelity MSCI Consumer Discretionary Index ETF","OIH":"石油服务ETF","BK6054":"综合支持服务","FXZ":"First Trust Materials AlphaDEX Fund","SOXX":"iShares费城交易所半导体ETF","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","FTXL":"First Trust Nasdaq Semiconductor ETF","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","FXD":"First Trust Consumer Discretiona","BK4504":"桥水持仓","IXC":"全球能源业ETF-iShares","XSD":"SPDR S&P Semiconductor ETF","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","RXI":"iShares S&P Global Consumer Disc","MXI":"iShares S&P Global Materials Sec","FSTA":"Fidelity MSCI Consumer Staples Index ETF","USD":"ProShares Ultra Semiconductors","KXI":"iShares S&P Global Consumer Stap","SEMI":"COLUMBIA SELIGMAN SEMICONDUCTOR AND TECHNOLOGY ETF","VDE":"Vanguard Energy ETF","RSPM":"Invesco S&P 500 Equal Weight Materials ETF","SMH":"半导体指数ETF-HOLDRs","XLB":"材料ETF","IYK":"iShares U.S. Consumer Staples ETF","43A.SI":"伟盛有限公司","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4570":"地缘局势概念股","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","IYM":"基础材料ETF-iShares Dow Jones","BK4585":"ETF&股票定投概念","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","RSPD":"Invesco S&P 500 Equal Weight Consumer Discretionary ETF","RSPS":"Invesco S&P 500 Equal Weight Consumer Staples ETF","XLE":"SPDR能源指数ETF","VDC":"日常消费品ETF-Vanguard","BK4533":"AQR资本管理(全球第二大对冲基金)","XOP":"油气开采指数ETF-SPDR S&P"},"translate_title":"TMT板块领涨美国本月有记录以来最大净抛售——GS","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USD":1,"MXI":1,"OIH":1,"PSI":1,"RSPD":1,"RSPM":1,"RSPS":1,"RXI":1,"SEMI":1,"SMH":1,"SOXX":1,"AMLP":1,"VAW":1,"VCR":1,"VDC":1,"VDE":1,"XLB":1,"XLE":1,"XLP":1,"XLY":1,"XOP":1,"XSD":1,"FTXL":1,"43A.SI":1,"FDIS":1,"FSTA":1,"KXI":1,"FXD":1,"FXZ":1,"IXC":1,"IYM":1,"IYK":1},"content_text":"Hedge funds’ momentum exposure is expected to decrease for the first time in six months, according to a Prime Insights & Analytics Chart Pack report. It is now in the 72nd percentile on a five-year lookback, compared to in the 91st percentile at the end of May, analysts headed by Vincent Lin and Kartik Singhal wrote. In addition, exposures to long concentration and long “crowdnedness” have seen a notable decline and are at the lowest levels year-to-date. This suggests that “L/S (or long/short) managers have become more mindful of a potential drawdown in those factors after experiencing strong returns year-to-date,” analysts said. When it comes to the U.S., hedge funds have aggressively net sold technology, media, and telecommunications stocks (BATS:IYZ) in the past month, led by semiconductors (SMH), (SOXX), (FTXL), (XSD), (USD), (PSI), (SEMI) and semi equipment (SP500-4530), reversing the year-to-date trend. “This month’s [U.S. dollar] net selling in U.S. TMT is tracking to be the largest on our record,” analysts said.  Managers have also reduced net length in consumer discretionary (XLY), (VCR), (FXD), (FDIS), (RSPD), (RXI), and staples (XLP), (VDC), (IYK), (FSTA), (KXI), (RSPS), driven by short sales. Lastly, net flows have continued to diverge between energy (XLE), (AMLP), (VDE), (XOP), (OIH), (IXC), the most net bought sector month-to-date; and materials (XLB), (VAW), (IYM), (FXZ), (MXI), (RSPM), seeing the fourth straight month of net selling.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446568972"}