kingworldnews.com / March 19, 2017
After this week’s Fed decision, big money just made a massive short bet against the U.S. stock market.
Smart Money Establishes A Big Short
Jason Goepfert at SentimenTrader: “Last August, “smart money” commercial hedgers in S&P 500 futures were net short about $24 billion worth of the full and e-mini contracts. As stocks declined into October, they covered and went net long. Even as stocks climbed, they added to their positions, ultimately having long exposure worth about $13 billion…