Since the Institutional Investors are the largest stock owner group (owing over half), when they sell, they put tremendous downside pressure on the market.
When the don’t sell, the lack of their selling takes pressure off of the market and allows it to go higher on retail buying (even if Institutions are buying very little).
So, what are they doing now? If you look at today’s posted chart, Institutional Investors were still in a selling down trend at the close yesterday which has been a market positive.’
related:
Stock Trading Alert: Stocks Remain At All-Time High, Will They Continue Even Higher?
About Marty Chenard:
Marty is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.