Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Small Cap Bear 3x Shares (AMEX: TZA) where we have detected an approximate $69.5 million dollar inflow — that’s a 8.2% increase week over week in outstanding units (from 24,898,480 to 26,948,480).
Same BS headline over and over. That is hedge fund code for a one day sell off early next week to be followed by another huge rally to push the indexes to new highs late in the week. What excuse will they drum up to justify a 2% drop on Monday or Tuesday? North Korea, Greece? Maybe they can invent a new fear headline over the weekend? Can't have down days for no reason at all, it has to be blamed on something.