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Record $23 Billion Flees World's Largest ETF

Record $23 Billion Flees World's Largest ETF

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cyclone Offline
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#1
12-02-2018, 02:18 PM
Record $23 Billion Flees World's Largest ETF

By Luke Kawa  and Joanna Ossinger
February 12, 2018, 11:32 AM GMT+8

Investors actively abandoned the world’s biggest passive fund during the onset of market mayhem.

The SPDR S&P 500 exchange-traded fund (ticker SPY) suffered a record $23.6 billion in outflows last week amid the worst momentum swing in history for the underlying U.S. equity benchmark.

Outflows amounted to 8 percent of the fund’s total assets at the start of the week, a rate of withdrawals not seen since August 2010. A blowup in volatility-linked products sent markets haywire, eliciting waves of risk aversion from jittery investors.

More details in https://www.bloomberg.com/news/articles/...nic-reigns
Specuvestor: Asset - Business - Structure.
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Temperament Offline
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#2
15-02-2018, 12:00 PM
Who are behind the $23 Billions?

Smart money starting to move out?

Better move gingerly now.

///

Wishing U-ALL, Peace, Love & Laughter in the New Year
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Wildreamz Offline
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#3
15-02-2018, 12:35 PM
IMHO, "smart" money doesn't coincidentally and simultaneously move out of the SPY on the worst day of the Index since 2010.
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weijian Offline
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#4
16-02-2018, 09:57 AM
"Smart" money are the minority right? So i guess they dont move in "records" right. At least they wldnt be the majority in the "record" movements.

"Smart" money also dont attract headlines right? So that's why they are called "invisible" hands as well?
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Temperament Offline
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#5
20-02-2018, 04:24 PM
"There is a time for all things, but I didn't know it. And that is precisely what beats so many men on Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying and selling stocks daily - or sufficient knowledge to make his play an intelligent play." --- Jesse Livermore

Is this the time to do nothing?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Find
Reply


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