summer vacations are about to hit. expect to see more profit takes.
Discussion
The number just seems so big, I don't know what you need that much cash for it's just curious. It's like 10 mega yachts or 8 presidential elections - level money.
it's not so much about needing the cash but about leaving positions on the market unattended. In general brokers will aim to level their books every quarter and before the vacation times. Always been like this though, with all the corporate fomo, it seems like we're not hitting the lows we were meant to hit (proper corrections).
I take it. for all I care we can go up forever. But eventually we will correct. It's just a given.