, that really kind of helped provide some stability to a lot of the dislocations that we were seeing in the marketplace."
Davi also said he was encouraged by the "orderly" trading in the ETF market, as opposed to several weeks ago, when"I think, overall, things feel a little bit more normal. I know the economic front is going to look pretty bad and it's going to look real ugly in terms of unemployment claims, but price action on the ETF front has been encouraging," Davi said. "There's actually been more inflows into ETFs, too.
Ed Rosenberg, senior vice president and head of ETFs at American Century Investments, agreed that the market is moving toward a state of "calm" as volumes drop and spreads tighten. "It seems that the market just needed some time ... to settle into the reality of what's going on," he said in the same "ETF Edge" interview.
Now, with that reality in focus, investors are "looking for signs here and there to jump back in," Rosenberg said.
ETFEdgeCNBC bizaroo market, spy goes up when microsoft goes red hmm
ETFEdgeCNBC key, when you watch L2 and constantly see big blocsk buying, that is the FED, buy calls
ETFEdgeCNBC YES my calls on fire now, no red candles now FED
ETFEdgeCNBC SWEEETT, i closed my puts and bought calls. looks like hte FED starting the printing press again
ETFEdgeCNBC You don’t know anything. Just a bunch of blabbering talking heads.
ETFEdgeCNBC Just lol. Nothing else to say. Print baby print. No fundamentals in this at all.
ETFEdgeCNBC see they pumped the future market overnight to gap SPY up today and they did it with tiny volume. Now it can absorb more selling. If they didn't do that we would be under 258 right now
ETFEdgeCNBC wow they had to pump microsoft green to save SPY
ETFEdgeCNBC wow. they just said they expect unemployment to hit possibly 50% now that they extended business shut down until August. Someone also just bought 30 mil put option contract for Thursday at a 240 strike for SPY, this is going to TANK HARD
ETFEdgeCNBC ah yea normalizing. didnt the fed blast the bazooka to once again prop up the market? houseofcards
ETFEdgeCNBC This just shows how false the market really is. Nothing is normal 2000% mortgage forgiveness. 20% unemployment, no checks for employees out yet, corporations can sell with no buyers or workers. Corrupt U.S
ETFEdgeCNBC Dow is going to be back to 30K with half the businesses in the country either SD or barely functioning, all the while hoping this bailout money gets out quick enough for people to pay the rent. Markets make no sense.
ETFEdgeCNBC Stupidity of CNBC where the greatest economy needs federalreserve firing one ultimate bazooka after another and launching nuclear monetary bombs after another. This resembles weakens and a complete failure. The data was horrible pre-virus from when the fed began. Ignorance.
ETFEdgeCNBC This morning Dr. Cramer advised we should seek hydrochlor.... because the president promotes it everyday and he’s “out on a limb”. My God - how irresponsible - such malpractice. The president lies a dozen times a day and denies denies. CNBC best put out a major disclaimer.
ETFEdgeCNBC When there is on volume, the market can't go down. Large funds want to dump before unemploymnet hits 40% and they need volume to dump, that's what happend at the high today, they dumped and they dumped yesterday at close
ETFEdgeCNBC What is normalizing? GDP hit to be 30%, unemployment past 10% already (going to 20%). The recovery is already priced in?
ETFEdgeCNBC Market rallies on muted mass casualties numbers.
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Source: BusinessInsider - 🏆 729. / 51 Read more »