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The Kobeissi Letter
@KobeissiLetter
Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: support@thekobeissiletter.com
Joined June 2015
597 Following    2.7M Followers
BREAKING: Institutional investors bought +$4.1 billion in US equities in the week ending September 18th. This marks their 3rd weekly purchase over the last 4 weeks. As a result, the 4-week average of institutional purchases rose to +$2.9 billion. At the same time, hedge funds purchased +$1.2 billion, bringing their 4-week average of purchases up to +$1.6 billion. Meanwhile, retail investors sold -$2.2 billion last week, posting their 8th consecutive weekly sale. Retail investors have now sold an average of -$1.9 billion in US equities per week over the last 4 weeks. Institutions are buying while retail is selling.
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