“JPMorgan Sees Possible $300 Billion Rebalancing Flow From Stocks”
November 23, 2020
“Rebalancing flows may lead to an exodus of around $300 billion from global stocks by the end of the year, according to JPMorgan Chase & Co…
“We see some vulnerability in equity markets in the near term from balanced mutual funds, a $7 trillion universe, having to sell around $160 billion of equities globally to revert to their target 60:40 allocation either by the end of November or by the end of December at the latest,” the strategists wrote…”
https://finance.yahoo.com/news/jpmorgan-sees-possible-300-billion-040910783.html
Well if your a day trader its time to get ready. If this happens there will be a large dip. This will be prime time to swoop in once the market pretty much bottoms out.