As Hedge Funds Dump Everything Else, They Buy Energy & Material Stocks At Fastest Pace In 5 Months
It was a holiday-shortened week so not only was Michael Hartnett's latest Flow Show more of a Flow Short, but Goldman did not even published its latest "must read" Weekly Rundown note which summarizes the key views from across the bank. Instead we just got the latest Prime Services Weekly report.
What it showed is that one week after we noted that hedge funds are dumping record amount of tech stocks to retail investors...