Rebalancing of portfolios
Those institutions who need to dump the shares, they dumped it at higher price when market opened. Then, those institutions who need to load up shares to balance their portfolios will do so in second half of the day (sweeping up cheaper stocks).
Maybe? Maybe not. Just my wild guess (not financial advice)![]()
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
Maybe? Maybe not. Just my wild guess (not financial advice)
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
6010Followers
44Following
28KVisitors
Follow