Bluekurtic Market Insights(@Bluekurtic):Active managers went from levered to their teeth to just gritting them. NAAIM Exposure Index fell from 100+ to below 75. This is bullish for the S&P 500. Sidelined cash from managers fed up with the chop could fuel the next leg higher.

Bluekurtic Market Insights

@Bluekurtic

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Bluekurtic Market Insights@Bluekurtic

2026.09.17 23:00

Active managers went from levered to their teeth to just gritting them. NAAIM Exposure Index fell from 100+ to below 75. This is bullish for the S&P 500. Sidelined cash from managers fed up with the chop could fuel the next leg higher.