Russell 2k Rescued By Rotation

The Russell 2k index saw a rebound in early June positioning, potentially driven by rotational flows away from weak tech sectors. This recovery persists despite Fed repricing and heavy selling observed earlier in May.

Key Takeaways

• 1.Russell 2k experienced a rebound in leveraged positioning in early June, potentially benefiting from rotation flows out of tech sectors.
• 2.Futures selling by Non-Dealers reaccelerated around May month-end, with broad-based negative sentiment across all categories.

Document Preview

Page 1 of 1

Subscribe for full accessStart Free Trial