Market On Close Imbalance: $400M To Buy-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the buy-side with $400M. This indicates a higher demand for stocks at the close of the market.
August 04, 2023 | 10:23 am
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The SPY ETF, which tracks the S&P 500, may be impacted by the market on close imbalance. A buy-side imbalance could lead to increased demand for the ETF.
A market on close imbalance to the buy-side indicates a higher demand for stocks at the close of the market. This could lead to increased demand for the SPY ETF, which tracks the S&P 500, potentially driving its price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50