Last week, ETFs shed about $14 billion in capital with U.S. equity ETFs leading the way higher with $11.2 billion outflows.
Wall Street has been on a tough ride this year, with all the three major indices slipping into a bear market. While most corners of the market were in deep red, a few have performed well.
With the parabolic behavior of the Invesco DB US Dollar Index Bullish Fund , it isn't a stretch to say that most traders are keeping at least one eye on it in the hopes of spotting a bearish reversal. In the view of many, such a reversal would lead to a rebound in stocks and bonds.