SPDR S&P 500 (SPY): Concern over a market topping near its r...

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Re: gdl post# 144628

Saturday, 08/01/2015 3:57:03 PM

Saturday, August 01, 2015 3:57:03 PM

Concern over a market topping near its record is evidenced by $2.8 billion in outflows from U.S.-based domestic-focused stock funds last week, their second straight week of withdrawals, according to Lipper data.

"There's so much money piled up on both the bullish camps and the bearish camps. Companies have been buying back more stock than ever, and investors have been selling just as aggressively,” said Brian Reynolds, chief market strategist at New Albion Partners in New York.

Good non bias read from Reuters that is in line with what your saying.

https://news.fidelity.com/news/news.jhtml?cat=Top.Investing.RT&articleid=201507311807RTRSNEWSCOMBINED_KCN0Q52LP_1&IMG=Y

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