Institutional investors sold US stocks at the fastest pace in 9+ years
Institutional investors sold US stocks at the fastest pace in 9+ years last week, according to BofA.
It was the 2nd largest weekly net selling by institutional investors since 2008 (trailing only Sep 2015).
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Microsoft(MSFT)$ $Advanced Micro Devices(AMD)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$
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PS：BofA’s data on this only goes back to 2008. So 2nd largest in their data history (which started in ‘08), behind only Sep 2015.
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