Mar. 14 at 2:15 PM
$TARK
Fingers crossed for bounce next week per ZeroHedge article:
CTA Length in US Equities went from +
$45BN to now -
$30BN.
The historical max short is -
$50BN.
Goldman Sachs trader Nelson Armbrust estimates they have another
$5BN or so of US Equities to sell over the next 5 days, its not nothing… but it also won't put a huge amount of pressure on equities either.
We are seeing some relief today given reports that Senate Democratic leader Chuck Schumer opted not to block the Republican bill avoiding a government shutdown and also some reversion from yesterday’s selloff.
The only decent buyer’s of Equities we’ve seen so far are Buybacks and Sovereigns.
