Our friend Neil Sethi from Sethi Associates brings us a note from Bank of America today that highlights some potential CTA buying:
BoA sees a notable amount of likely CTA buying in the SPX on Monday with vol control funds also adding, perhaps giving a boost to markets Monday, he writes.
S&P 500 futures are up 14 points after opening 30 points lower.
This article was written by Adam Button at www.forexlive.com.
Leave a comment