Replies to post #379215 on SPDR S&P 500 (SPY)

[spartex]

They will need a 0.69% allotment of lipstick in their algos to do it. We'll know soon.

[imiloa]

MoD, i think they will aim for higher today,
but, per the close last night, sellers are def present, too.
so i'd be wary of going heavy on calls intraday
except for scalping momo surges.

given the massive rescue buying in the final 5 min yesterday
(15.4% of SPY's total 59.3m volume today in buys in final 5min),
i'm guessing the fund mgrs at least want
to book their annual ROI at the SPY 477 level.

no doubt, they will take any bonus altitude they can bot manip today.

[imiloa]

spartex, re: need a 0.69% allotment of lipstick in their algos to do it,

per the NAAIM data, fund mgrs were 97% invested last week
and 103% invested (ie: overleveraged) this week.

seems they are pulling out all the stops for ROI window-dressing?
so 0.69% additional overleveraging seems likely palatable
on the assumption they can rebalance next week,
dumping their bloated inventories into whatever bullish sentiment avails?

https://www.naaim.org/programs/naaim-exposure-index/