Early MOC Imbalance $124M To Buy-Side
Portfolio Pulse from Charles Gross
An early market-on-close (MOC) imbalance of $124 million has been reported to the buy-side, indicating a potential increase in demand for stocks.
June 09, 2023 | 7:32 pm
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The early MOC imbalance of $124 million to the buy-side may lead to increased demand for stocks, potentially impacting the SPY ETF.
The early MOC imbalance indicates a potential increase in demand for stocks, which could lead to higher stock prices. As SPY is an ETF that tracks the S&P 500, it may be impacted by this increased demand, leading to a potential increase in its price.
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