Flow guru stays bearish
Latest update on Scott Rubner's bearish call that has been spot on so far: 1. The flow-of-funds equity dynamics are not favorable until the end of March /start of April / “Q2”. I will flip to bullish then. 2. He writes he does not believe technical will hold - got wings? 3. MM funds saw almost 70bnUSD inflows last week, largest weekly inflow since April 2020...add to this 11 straight market on close imbalances for sale 4. corporate buybacks in black out window in a few days 5. chart of the day - volatility markets are pricing a lot of "stress" for the coming 2 days