Hedge funds are moving to the sidelines at a near record pace:
Hedge fund net leverage dropped -3.1 points last week, the biggest weekly decline since the first week of April 2025 amid "Liberation Day".
This is the 5th largest reduction in leverage over the last 5 years, comparable to the 2022 bear market.
Furthermore, hedge funds posted their 6th consecutive weekly sale of US equities, the biggest 6-week sale since April 2025.
Since 2016, the only two larger 6-week sales were during the 2020 pandemic and in March-April 2025.
As a result, hedge fund net positioning is down to near the most bearish level since 2018.
Sentiment is becoming overly bearish.
We’ve burned 18m coins all day since the 1.2% was implemented and just burned 12m in 10 mins and it’s still rising constantly, what’s changed, does anybody know??
#lunc#LUNCARMY#LUNCcommunity#LUNACLASSIC
You’re going to make mistakes
You’re going to miscalculate
Sell an investment too soon
Skip a workout
Overlook important details
Lose track of your budget
Fall short of your goals
Fall on your face
Embarrass yourself
You’re still further than everyone on the couch