Wall Street Sells, Retail Buys... QQQ Shorts Hit Multi-Year Highs
The buying power nobody is talking about
Equity positioning has been slashed, but the buyers are starting to return. Retail is piling into leveraged ETFs, institutional appetite is showing signs of life, and QQQ shorts are sitting at multi-year highs. Meanwhile, call buying has yet to fully recover and corporate buybacks remain resilient. The interesting setup: several sources of potential buying power are lining up just as the market attempts to turn the recent bounce into something bigger.