The "missing out" hedge funds "surrender": Last week, they made record purchases of U.S. tech stocks
According to Goldman Sachs data, hedge funds have bought U.S. information technology stocks for the third consecutive week, with purchases occurring every day this week. Recently, U.S. information technology stocks have seen continuous buying, whereas prior to this, the sector experienced net selling in 10 out of the past 12 weeks; this week, the nominal long buying volume in the industry reached its highest level in over a decade, indicating a positive shift in market sentiment
According to Goldman Sachs data, hedge funds have bought U.S. information technology stocks for the third consecutive week, with purchases occurring every day this week.
Recently, there has been a continuous buying of U.S. information technology stocks, whereas prior to this, the sector experienced net selling in 10 out of the past 12 weeks;
This week, the nominal long buying volume in the industry reached its highest level in over a decade, indicating a positive shift in market sentiment.
