Nov. 27 at 3:42 AM
🚨 Hedge funds logged their largest 2-day net buying of US equities since May, on Nov 21 & 24.
This was also among the biggest 2-day buying streaks in the past 2 years.
Single stocks = 56%, macro products (index futures + ETFs) = 44% of total US net notional buying.
Information Technology led the action, with funds adding longs across most subsectors.
Strongest buying was in Semiconductors & Semiconductor Equipment, Technology Hardware, and Communication Equipment.
$NVDA $TSLA $GOOGL $SPY $QQQ