MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, February 11, 2013 Are Fund Flows Carrying the Stock Market? Are mutual fund flow inflows carrying the stock market? Stifel Nicolaus' Dave Lutz seems to think so, according to Barron’s. Columnist Brendan Conway writes that "In the last three sessions, the S&P 500 (SPY) moved progressively higher throughout the day, for no obvious reason except that traders weren’t ready to push stocks forcefully lower. It was most dramatic Thursday, when the Dow Jones Industrial Average (DIA) slumped by triple digits in the morning only to recover most of the loss by the close of trading. Somebody’s buying. But who?" Read more of his thoughts on the subject in Barron’s. Printed from: MFWire.com/story.asp?s=42946 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |