There is not yet any technical reason to assume the broad market has formed a significant bottom, but it is equally risky to enter new short positions right now because stocks are due for a substantial bounce (the Nasdaq is on pace for its sixth consecutive week of losses). (morpheustrading.com)
Meanwhile, their nondomestic equity fund counterparts, posting a 2.18 % decline on average, witnessed their sixth consecutive week of net inflows (+ $ 1.6 billion). (lipperalpha.financial.thomsonreuters.com)