ETF flows are sending “somewhat” bullish short-term contrarian signals. International equities are “wildly” popular, says Trim Tabs’ CEO David Santschi.
Flows into the biggest exchange-traded fund tracking the companies have been positive for six of the last seven weeks and totaled $238 million last month, the most since July.
ETF investors may help stabilize the market because they tend to hold assets longer than hedge funds and large speculators who are more likely to react faster to events.