Market On Close Imbalance: $1.8B To Buy-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the buy-side with $1.8 billion. This indicates a potential increase in demand for stocks at the close of the market.
August 21, 2023 | 7:51 pm
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The SPDR S&P 500 ETF (SPY) may be impacted by the market on close imbalance leaning towards the buy-side.
The market on close imbalance indicates a potential increase in demand for stocks at the close of the market. As SPY is a broad market ETF, it could be impacted by this increased demand, potentially leading to a rise in its price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50