"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK
Showing posts with label Mutual Funds. Show all posts
Showing posts with label Mutual Funds. Show all posts

Wednesday, January 12, 2011

$4.2 billion withdrawn from U.S. Equity Funds 1st week of 2011

Since the end of April 2010, over $93 billion has been withdrawn from U.S. Equity funds. During this time frame, ONE week was a net inflow. The U.S. stock market has been and continues to be a complete farce. The charts below say it all, AS MORE MONEY IS WITHDRAWN FROM THE MARKET, THE HIGHER THE MARKET MOVES.

Washington, DC, January 12, 2011 - Total estimated outflows from long-term mutual funds were $717 million for the week ended Wednesday, January 5, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.


Equity funds had estimated outflows of $1.81 billion for the week, compared to estimated inflows of $2.74 billion in the previous week. Domestic equity funds had estimated outflows of $4.23 billion, while estimated inflows to foreign equity funds were $2.42 billion. Complete report

Total Domestic Equity Flows/Week Ending
-$4.229 billion 1/5/11
+$456 million 12/29/10
-$453 million 12/21/10
-$2.401 billion 12/15/10
-$2.631 billion 12/8/10
-$1.746 billion 12/1/10
-$2.606 billion 11/23/10
-$2.805 billion 11/17/10
-$660 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $93.265 BILLION has been withdrawn from Domestic Equity Funds




Thanks to Zero Hedge for the copy and paste charts



Wednesday, December 22, 2010

Wednesday Withdrawal from U.S. Equity Market: Another $2.401 billion withdrawn while market manipulation continues

33rd consecutive week of U.S. Equity fund withdrawals. $89 billion withdrawn since 4/30/10. Stock Market continues its rise and other than a half dozen computers, no one else is trading nor does anyone give a rat's behind about the overall manipulation of what was once a market.

Washington, DC, December 22, 2010 - Total estimated outflows from long-term mutual funds were $8.48 billion for the week ended Wednesday, December 15, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $161 million for the week, compared to estimated outflows of $901 million in the previous week. Domestic equity funds had estimated outflows of $2.40 billion, while estimated inflows to foreign equity funds were $2.24 billion. Current and historical data

Total Domestic Equity Flows/Week Ending
-$2.401 billion 12/15/10
-$2.673 billion 12/8/10
-$1.728 billion 12/1/10
-$2.594 billion 11/23/10
-$2.805 billion 11/17/10
-$660 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $89.056 BILLION has been withdrawn from Domestic Equity Funds (This is the 33nd sequential weekly outflow from US stocks).

Charts via Zero Hedge




Wednesday, December 15, 2010

Wednesday Withdrawal from U.S. Equities Continues, 32nd consecutive week

This has simply gone beyond absurd. 32 weeks of withdrawals from the U.S. Equity giving further evidence that a handful of algo boys and girls play computer games between the opening and closing bell.

Washington, DC, December 15, 2010 - Total estimated outflows from long-term mutual funds were $3.25 billion for the week ended Wednesday, December 8, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $1.40 billion for the week, compared to estimated inflows of $120 million in the previous week. Domestic equity funds had estimated outflows of $2.67 billion, while estimated inflows to foreign equity funds were $1.27 billion. Complete report and historical data

Total Domestic Equity Flows/Week Ending
-$2.673 billion 12/8/10
-$1.728 billion 12/1/10
-$2.594 billion 11/23/10
-$2.805 billion 11/17/10
-$660 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $86.632 BILLION has been withdrawn from Domestic Equity Funds (This is the 32nd sequential weekly outflow from US stocks).


Charts via Zero Hedge




Wednesday, December 8, 2010

Wednesday withdrawal from U.S. Equity Market continues, 31st consecutive week

31st sequential weekly outflow from US stocks as
the S and P 500  is at 2+ year highs. Special thanks to
Ben Bernanke for creating the illusion that the
U.S. Stock Market has any relevance while attempting to
convince the average retail investor to come on in,
the water is fine.
At which point the power money will simply sell
the retail investor all the shares they desire!

Washington, DC, December 8, 2010 - Total estimated inflows from long-term mutual funds were $1.04 billion for the week ended Wednesday, December 1, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.



Equity funds had estimated inflows of $47 million for the week, compared to estimated outflows of $2.45 billion in the previous week. Domestic equity funds had estimated outflows of $1.80 billion, while estimated inflows to foreign equity funds were $1.85 billion.

Total Domestic Equity Flows/Week Ending
-$1.801 billion 12/1/10
-$2.594 billion 11/23/10
-$2.805 billion 11/17/10 
-$660 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $84.032 BILLION has been withdrawn from Domestic Equity Funds (This is the 31st sequential weekly outflow from US stocks). Report with historical data



 



Charts via Zero Hedge

Wednesday, December 1, 2010

Wednesday Withdrawal from U.S. Equity Market Continues for 30th Consecutive Week

The Equity Market Moves Higher as Billions
are Withdrawn 
Welcome to the U.S. Stock Market

Washington, DC, December 1, 2010 - Total estimated outflows from long-term mutual funds were $2.94 billion for the week ended Wednesday, November 24, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $2.44 billion for the week, compared to estimated outflows of $1.16 billion in the previous week. Domestic equity funds had estimated outflows of $2.59 billion, while estimated inflows to foreign equity funds were $141 million.

Total Domestic Equity Flows/Week Ending
-$2.585 billion 11/23/10
-$2.805 billion 11/17/10 revised form -$2.797 billion
-$666 million 11/10/10
-$1.132 billion 11/3/10
-$6.788 Billion for the month of October 2010
-$14.387 Billion for the month of September 2010
-$15.696 Billion for the month of August 2010
-$11.250 Billion for the month of July 2010
-$7.708 Billion for the month of June 2010
-$19.229 Billion for the month of May 2010

Since April 30th, 2010, $82.246 BILLION has been withdrawn from Domestic Equity Funds (This is the 30th sequential weekly outflow from US stocks). Report with historical data































Charts from Zero Hedge

Friday, November 26, 2010

Wednesday Withdrawal from U.S. Equity Market continues for 29th consecutive week

Even the Municipal Bond Funds
Rolled Over with a Whopping
$4.781 billion in Withdrawals

Washington, DC, November 24, 2010 - Total estimated outflows from long-term mutual funds were $5.00 billion for the week ended Wednesday, November 17, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $1.16 billion for the week, compared to estimated inflows of $1.63 billion in the previous week. Domestic equity funds had estimated outflows of $2.80 billion, while estimated inflows to foreign equity funds were $1.63 billion. ICI Report

Total Domestic Equity Flows/Week Ending
-$2.797 billion 11/17/10
-$666 million 11/10/10
-$1.132 billion 11/3/10
-$2.980 billion 10/27/10
-$217 million 10/20/10
-$624 million 10/13/10
-$5.385 billion 10/6/10
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010
-$11.091 Billion for the month of July 2010
-$7.503 Billion for the month of June 2010
-$19.056 Billion for the month of May 2010

Since April 30th, 2010, $82.425 BILLION has been withdrawn from Domestic Equity Funds (This is the 29th sequential weekly outflow from US stocks).





Saturday, November 20, 2010

Huge Insider Trading Probe-Some charges could be brought before year-end

Will Someone Finally Go To Jail In Lieu
of the Meaningless SEC Fine Payment?
(just how do Wall Street Investment Banks have no losing
trading days in an entire quarter...?)

The Wall Street Journal
By Susan Pulliam, Michael Rothfiels,
Jenny Strasburg and Gregory Zuckerman
11/20/10

Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter.

The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, the people say. Some charges could be brought before year-end, they say.

The investigations, if they bear fruit, have the potential to expose a culture of pervasive insider trading in U.S. financial markets, including new ways non-public information is passed to traders through experts tied to specific industries or companies, federal authorities say.

One focus of the criminal investigation is examining whether nonpublic information was passed along by independent analysts and consultants who work for companies that provide "expert network" services to hedge funds and mutual funds. These companies set up meetings and calls with current and former managers from hundreds of companies for traders seeking an investing edge.

Among the expert networks whose consultants are being examined, the people say, is Primary Global Research LLC, a Mountain View, Calif., firm that connects experts with investors seeking information in the technology, health-care and other industries. "I have no comment on that," said Phani Kumar Saripella, Primary Global's chief operating officer. Primary's chief executive and chief operating officers previously worked at Intel Corp., according to its website.

In another aspect of the probes, prosecutors and regulators are examining whether Goldman Sachs Group Inc. bankers leaked information about transactions, including health-care mergers, in ways that benefited certain investors, the people say. Goldman declined to comment.

Independent analysts and research boutiques also are being examined. John Kinnucan, a principal at Broadband Research LLC in Portland, Ore., sent an email on Oct. 26 to roughly 20 hedge-fund and mutual-fund clients telling of a visit by the Federal Bureau of Investigation.

"Today two fresh faced eager beavers from the FBI showed up unannounced (obviously) on my doorstep thoroughly convinced that my clients have been trading on copious inside information," the email said. "(They obviously have been recording my cell phone conversations for quite some time, with what motivation I have no idea.) We obviously beg to differ, so have therefore declined the young gentleman's gracious offer to wear a wire and therefore ensnare you in their devious web."

The email, which Mr. Kinnucan confirms writing, was addressed to traders at, among others: hedge-fund firms SAC Capital Advisors LP and Citadel Asset Management, and mutual-fund firms Janus Capital Group, Wellington Management Co. and MFS Investment Management. SAC, Wellington and MFS declined to comment; Janus and Citadel didn't immediately comment. It isn't known whether clients are under investigation for their business with Mr. Kinnucan.

The investigations have been conducted by federal prosecutors in New York, the FBI and the Securities and Exchange Commission. Representatives of the Manhattan U.S. Attorney's office, the FBI and the SEC declined to comment. The rest of the story













Wednesday, November 17, 2010

Wednesday Withdrawal from U.S. Equity Funds: 28th consecutive week

Washington, DC, November 17, 2010 - Total estimated inflows to long-term mutual funds were $6.74 billion for the week ended Wednesday, November 10, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated inflows of $1.62 billion for the week, compared to estimated inflows of $731 million in the previous week. Domestic equity funds had estimated outflows of $677 million, while estimated inflows to foreign equity funds were $2.30 billion.

Total Domestic Equity Flows/Week Ending
-$677 million 11/10/10
-$1.132 billion 11/3/10
-$2.980 billion 10/27/10 
-$217 million 10/20/10
-$624 million 10/13/10
-$5.385 billion 10/6/10
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010
-$11.091 Billion for the month of July 2010
-$7.503 Billion for the month of June 2010
-$19.056 Billion for the month of May 2010

Since April 30th, 2010, $79.738 BILLION has been withdrawn from Domestic Equity Funds (This is the 28th sequential weekly outflow from US stocks).





Thursday, November 11, 2010

Withdrawal Wednesday Continues $


Washington, DC, November 10, 2010 - Total estimated inflows to long-term mutual funds were $5.02 billion for the week ended Wednesday, November 3, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated inflows of $729 million for the week, compared to estimated outflows of $2.41 billion in the previous week. Domestic equity funds had estimated outflows of $1.13 billion, while estimated inflows to foreign equity funds were $1.86 billion.

Total Domestic Equity Flows/Week Ending
-$1.134 billion 11/3/10
-$2.981 billion 10/27/10 revised from -$2.911
-$218 million 10/20/10
-$624 million 10/13/10
-$5.385 billion 10/6/10
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010 
-$11.091 Billion for the month of July 2010 
-$7.503 Billion for the month of June 2010 
-$19.056 Billion for the month of May 2010 

Since April 30th, 2010, $78.246 BILLION has been withdrawn from Domestic Equity Funds (This is the 27th sequential weekly outflow from US stocks).

Charts via Zero Hedge
 




Wednesday, November 3, 2010

Withdrawal Wednesday: $2.91 billion withdrawn from U.S. Equity Funds (26th sequential week)

Well Timed FOMC QE-2 Announcement
as the Federal Reserve is on a
Shopping Spree While the
Retail Investor has Left the Building
(who is buying this market...??? I can only imagine...)

Washington, DC, November 3, 2010 - Total estimated inflows to long-term mutual funds were $3.32 billion for the week ended Wednesday, October 27, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $2.34 billion for the week, compared to estimated inflows of $2.07 billion in the previous week. Domestic equity funds had estimated outflows of $2.91 billion, while estimated inflows to foreign equity funds were $569 million.

Total Domestic Equity Flows/Week Ending
-$2.911 billion 10/27/10
-$218 million 10/20/10 revised from -$202 million
-$624 million 10/13/10 revised from -$623 million
-$5.385 billion 10/6/10 revised from -$5.386
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010 revised from -$15.598 billion
-$11.091 Billion for the month of July 2010 revised from -$11.142 billion
-$7.503 Billion for the month of June 2010 revised from -$7.519 billion
-$19.056 Billion for the month of May 2010 revised from -$19.066 billion

Since April 30th, 2010, $77.042 BILLION has been withdrawn from Domestic Equity Funds (This is the 26th sequential weekly outflow from US stocks).

Charts from Zero Hedge
 




Wednesday, October 27, 2010

WIthdrawal Wednesday Continues, Another $202 million withdrawn from U.S. Equity Funds

25th Consecutive Week of U.S.
Equity Fund Withdrawals

Washington, DC, October 27, 2010 - Total estimated inflows to long-term mutual funds were $9.52 billion for the week ended Wednesday, October 20, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated inflows of $2.02 billion for the week, compared to estimated inflows of $762 million in the previous week. Domestic equity funds had estimated outflows of $202 million, while estimated inflows to foreign equity funds were $2.22 billion.

Total Domestic Equity Flows/Week Ending
-$202 million 10/20/10
-$623 million 10/13/10
-$5.386 billion 10/6/10
-$4.174 billion 9/29/10
-$2.569 billion 9/22/10
-$3.680 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $80.493 BILLION has been withdrawn from Domestic Equity Funds (This is the 25th sequential weekly outflow from US stocks).





Wednesday, October 20, 2010

Another Wednesday, another withdrawal from the U.S. Stock Market Equity Funds

Washington, DC, October 20, 2010 - Total estimated inflows to long-term mutual funds were $8.00 billion for the week ended Wednesday, October 13, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated inflows of $830 million for the week, compared to estimated outflows of $4.18 billion in the previous week. Domestic equity funds had estimated outflows of $623 million, while estimated inflows to foreign equity funds were $1.45 billion.

Total Domestic Equity Flows/Week Ending
-$623 million 10/13/10
-$5.386 billion 10/6/10
-$4.174 billion 9/29/10 
-$2.569 billion 9/22/10 
-$3.680 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $80.291 BILLION has been withdrawn from Domestic Equity Funds (This is the 24th sequential weekly outflow from US stocks).







Charts from Zero Hedge

Wednesday, October 13, 2010

Wednesday Withdrawal: $79.77 BILLION withdrawn from U.S. Equity Funds since April 30th,


Steppenwolf speaks on behalf of the retail investor
Last night I held Aladdin's lamp
And so I wished that I could stay
Before the thing could answer me
Well, someone came and took the lamp away
I looked around, a lousy candle's all I found


Washington, DC, October 13, 2010 - Total estimated inflows to long-term mutual funds were $4.23 billion for the week ended Wednesday, October 6, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $4.31 billion for the week, compared to estimated outflows of $3.05 billion in the previous week. Domestic equity funds had estimated outflows of $5.57 billion, while estimated inflows to foreign equity funds were $1.26 billion.


Total Domestic Equity Flows/Week Ending
-$5.569 billion 10/6/10
-$4.175 billion 9/29/10 revised from-$4.150 billion
-$2.568 billion 9/22/10 revised from -$2.524 billion
-$3.599 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $79.770 BILLION has been withdrawn from Domestic Equity Funds (This is the 23rd sequential weekly outflow from US stocks). Charts from Zero Hedge.





Wednesday, October 6, 2010

22nd Consecutive Week of Billions of Dollars Sucked Out of the U.S. Equity Market (or whatever the "market" is now called)

$20 Billion Sucked from the
U.S. Equity Market in September
and the S and p 500 Launches 8.75%

Washington, DC, October 6, 2010 - Total estimated inflows to long-term mutual funds were $3.26 billion for the week ended Wednesday, September 29, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $3.02 billion for the week, compared to estimated outflows of $1.91 billion in the previous week. Domestic equity funds had estimated outflows of $4.15 billion, while estimated inflows to foreign equity funds were $1.13 billion.

Total Domestic Equity Flows/Week Ending
-$4.150 billion 9/29/10
-$2.524 billion 9/22/10
-$3.599 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $73.538 BILLION has been withdrawn from Domestic Equity Funds (This is the 21st sequential weekly outflow from US stocks).



Thursday, September 30, 2010

21st Sequential Weekly Outflow from U.S. Equity Funds

S and P 500 as of 9/29/10 close is up 96 points or 9.2% month to date while the billions of withdrawals from the U.S. Stock Market continue. $16 Billion reported withdrawn from week ending 9/1/10 through  9/22/10.

The stock market is not manipulated, it is just irrational. After all, you have Jim Cramer, Dennis Kneale, Fast Money, CNBC and the SEC covering your back!














Washington, DC, September 29, 2010 - Total estimated inflows to long-term mutual funds were $5.75 billion for the week ended Wednesday, September 22, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $1.91 billion for the week, compared to estimated outflows of $3.02 billion in the previous week. Domestic equity funds had estimated outflows of $2.52 billion, while estimated inflows to foreign equity funds were $616 million.

Total Domestic Equity Flows/Week Ending
-$2.524 billion 9/22/10
-$3.599 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $69.388 BILLION has been withdrawn from Domestic Equity Funds (This is the 21st sequential weekly outflow from US stocks).




Wednesday, September 22, 2010

20th consecutive week of withdrawals from the U.S. Stock Market and $13.542 billion during the prior 3 weeks



Washington, DC, September 22, 2010 - Total estimated inflows to long-term mutual funds were $5.19 billion for the week ended Wednesday, September 15, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $3.02 billion for the week, compared to estimated outflows of $1.06 billion in the previous week. Domestic equity funds had estimated outflows of $3.60 billion, while estimated inflows to foreign equity funds were $582 million.

Total Domestic Equity Flows/Week Ending
-$3.6 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.707 billion 9/1/10
-$4.311 billion 8/25/10
-$2.712 billion 8/18/10
-$2.077 Billion 8/11/10
-$2.122 Billion 8/4/10
-$11.120 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $62.469 BILLION has been withdrawn from Domestic Equity Funds (This is the 19th sequential weekly outflow from US stocks).

NOTE: The S and P 500 is up roughly 1.7% year to date while billions of dollars have been withdrawn during the prior 20 weeks!

Charts Via Zero Hedge:



Wednesday, September 15, 2010

$10 billion withdrawn from U.S. Equity Market and Market spikes to the close courtesy of the Federal Reserve Bank of NY

$10 billion withdrawn from the U.S. Equity Market in two weeks
and the equity market celebrates with a spike to the close
on anemic trading volume once again.

Washington, DC, September 15, 2010 - Total estimated inflows to long-term mutual funds were $5.24 billion for the week ended Wednesday, September 8, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $1.06 billion for the week, compared to estimated outflows of $9.65 billion in the previous week. Domestic equity funds had estimated outflows of $2.24 billion, while estimated inflows to foreign equity funds were $1.17 billion.

Total Domestic Equity Flows/Week Ending
-$2.235 Billion 9/8/10
-$7.707 billion 9/1/10
-$4.311 billion 8/25/10
-$2.712 billion 8/18/10
-$2.077 Billion 8/11/10
-$2.122 Billion 8/4/10
-$11.120 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $58.869 BILLION has been withdrawn from Domestic Equity Funds (This is the 19th sequential weekly outflow from US stocks).

Zero Hedge Commentary...as only Zero Hedge Does!
The kicker: the S&P is at the level it was when the outflows began back during the flash crash. If that doesn't restore all your confidence that Uncle Sam will be so good at managing the market (just like he has done with everything else), nothing else will.

Throw in a little HFT, a little subpennying, a little Flash trading, a little DMA (Direct Market Access) trading, a little quote stuffing, a little hedge fund clubbing, a little specialist front running, a little daily flash crash in big caps like Nucor Steel, and you can see why next week we will most certainly have our first inflow in 20 weeks. Or not.

It doesn't matter. Nobody that is made of carbon, or who doesn't already have direct access to the Fed for zero cost funding, is trading stocks anymore.


Thursday, September 9, 2010

Retail investor imposes further sanctions on the U.S. stock market and withdraws $7.596 Billion

The retail investor imposed additional sanctions on the U.S. equity market by withdrawing another $7.596 billion during the week ending 9/1/10. Clearly the retail investor no longer watches CNBC and does not realize this is a great time to buy equities.

Washington, DC, September 8, 2010 - Total estimated outflows from long-term mutual funds were $4.31 billion for the week ended Wednesday, September 1, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $9.54 billion for the week, compared to estimated outflows of $4.60 billion in the previous week. Domestic equity funds had estimated outflows of $7.60 billion, while estimated outflows from foreign equity funds were $1.94 billion.

Total Domestic Equity Flows/Week Ending
-$7.596 billion 9/1/10
-$4.311 billion 8/25/10
-$2.712 billion 8/18/10
-$2.077 Billion 8/11/10
-$2.122 Billion 8/4/10
-$11.120 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $56.523 BILLION has been withdrawn from Domestic Equity Funds.

Charts courtesy of ICI and Zero Hedge.

Zero Hedge Commentary
Year to Date the total pulled out is a whopping $62 billion, incidentally with both inflows and the market having peaked at the same time in April. On thr other hand, if the market were tracking mutual fund redemptions (whose net liquidity is now down to just 3.5% of assets and getting worse by the day), the S and P would be in the 900 range. Once the destructive impact of the Fed's daily meddling in the stock market is eliminated, it will get there. The longer stocks are artificially held up at current artificial levels, the greater the crash when reality and anti-gravity finally meet.























Thursday, September 2, 2010

Another $4.313 BILLION Withdrawn from U.S. Equity Funds, $56.709 billion withdrawn since 5/5/2010

$11.88 Billion Withdrawn from U.S. Equity Market in August

Washington, DC, September 1, 2010 - Total estimated inflows to long-term mutual funds were $1.73 billion for the week ended Wednesday, August 25, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $4.60 billion for the week, compared to estimated outflows of $2.82 billion in the previous week. Domestic equity funds had estimated outflows of $4.31 billion, while estimated outflows from foreign equity funds were $292 million.

Total Domestic Equity Flows/Week Ending
-$4.313 billion 8/25/10
-$2.706 billion 8/18/10
-$2.073 Billion 8/11/10
-$2.788 Billion 8/4/10
-$4.099 Billion 7/28/10
-$1.525 Billion 7/21/10
-$ 3.235 Billion 7/14/10
-$4.176 Billion 7/7/10
-$303 million 6/30/10
-$1.248 Billion 6/23/10
-$1.824 Billion 6/16/10
-$3.660 Billion 6/9/10
-$1.117 Billion 6/2/10
-$19.066 Billion for the month of May 2010

Since May 5th, 2010, $56.709 BILLION has been withdrawn from Domestic Equity Funds.



Thursday, August 26, 2010

Another $2.706 billion withdrawn from domestic equity funds ($52.4 billion withdrawn since May 5th)

Another week of Withdrawals
$2.706 Billion Withdrawn from U.S. Stock Market

Washington, DC, August 25, 2010 - Total estimated inflows to long-term mutual funds were $5.08 billion for the week ended Wednesday, August 18, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $2.82 billion for the week, compared to estimated outflows of $1.43 billion in the previous week. Domestic equity funds had estimated outflows of $2.71 billion, while estimated outflows from foreign equity funds were $110 million.

Total Domestic Equity Flows/Week Ending
-$2.706 billion 8/18/10
-$2.073 Billion 8/11/10
-$2.788 Billion 8/4/10
-$4.099 Billion 7/28/10
-$1.525 Billion 7/21/10
-$ 3.235 Billion 7/14/10
-$4.176 Billion 7/7/10
-$303 million 6/30/10
-$1.248 Billion 6/23/10
-$1.824 Billion 6/16/10
-$3.660 Billion 6/9/10
-$1.117 Billion 6/2/10
-$13.442 Billion 5/26/10
-$745 Million 5/19/10
-$7.018 Billion 5/12/10
-$2.437 Billion 5/5/10

Since May 5th, 2010, $52.396 BILLION has been withdrawn from Domestic Equity Funds.

Link to historical flow data