SPY Advance - Decline data for 2014 through 2016 Message Board

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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: rimshot who wrote (635)	8/23/2021 11:02:37 PM
From: rimshot	Read Replies (1) of 1118

Bloomberg email Monday August 23 11:38 a.m. mountain time - “When the ducks are quacking, feed ‘em.” This variation on a Wall Street proverb headlined a note Thursday from GMO LLC, a Boston-based money manager, that cited stock-sale data compiled by the Federal Reserve. U.S. companies outside of finance sold a net $226.2 billion of shares for the 12 months ended in March, the most recent period available. The total was 56% higher than a record set in April 2000, just after a bull market peaked. The surge is “a new worry” on top of historically high stock valuations, GMO’s asset-allocation team wrote in the note. ---------- Sincerely, David Wilson Stocks Editor, Bloomberg Radio & Television Editor, Chart & Stock of the Day Author, Visual Guide to Financial Markets

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