Funds Flow Analysis of SPDR Financial Select Sector:
2 April 2018, Monday, 2.47pm Singapore Time
(Click on FFA Chart above to Expand)
Attached is the Funds Flow for SPDR Financial Select Sector. It is one of the number 1 litmus for US and Worldwide Bank (and Financial) Stocks. Led by the SPDR Financial Select Sector Indication, worldwide bank stocks had been on a tear upwards. The red and green arrows are where strong bullish funds flow flowed in to the banking and finance sector worldwide. The enormous bullish inflow worldwide came at a time when 90% of all retailers and investors were bearish, exiting and calling for stock market crashes (with conviction since 2016). It was an imaginary self-inflicted fear pom-pomed by mainstream media. It was foolish, and still is. It was a bear that never came, and will not come in 2018, 2019 and possibly into 2020. When the worldwide banking sector (the heart) is to be bullish, the rest of the circulatory system (economic system) will be bullish, vibrant and promising.
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