Why mess up a good thing?

Right back to where we started

"In the end, I wound up right back where I started. I could still pick winners, and I could still make money for all kinds of people back home. And why mess up a good thing." (Sam Ace Rothstein)

After 2 weeks of selling, hedge funds were right back to where they started - buying stocks and especially the ones that have been winning lately. US equities saw the largest net buying since mid-January, led by long buys in Single Stocks and short covers in Macro Products. While Tech was the most notionally net bought sector this week, HFs net bought nearly all Cyclical sectors. (as per GS trading desk)