Investors clearly want to stay believers in the buy-the-dip strategy that has worked so well, for so long.
With stocks catching a surprise downdraft last week on Evergrande and debt ceiling concerns — which included the S&P 500 dipping below the key 50-day moving average —investors stepped up and bought big, according to new data out of BofA Securities.
BofA said its clients were “big net buyers” of U.S. equities last week, scooping up $5.9 billion worth of stocks. It marked the third…
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