Market On Close Imbalance: $23M To Buy-Side
Portfolio Pulse from Benzinga Newsdesk
The market on close imbalance is leaning towards the buy-side with $23M. This could potentially impact the overall market sentiment and specifically the ETFs mentioned in the article, ECON and SPY.
July 11, 2023 | 7:32 pm
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POSITIVE IMPACT
The market on close imbalance could potentially impact ECON as it leans towards the buy-side.
A market on close imbalance leaning towards the buy-side indicates a higher demand for stocks. This could potentially increase the price of ECON in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
The market on close imbalance could potentially impact SPY as it leans towards the buy-side.
A market on close imbalance leaning towards the buy-side indicates a higher demand for stocks. This could potentially increase the price of SPY in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50