Hedge Funds Are Buying Into This Market While Mom And Pop Are Selling At The Fastest Pace In 19 Months

BofA equity strategist Savita Subramanian is out with an update on what her clients are doing in the stock market. Subramanian says last week, only hedge fund clients were net buyers of stocks, while institutional clients – pension funds and the like – were net sellers.

Meanwhile, the week marked the fastest selling by private clients – or retail investors – since May 2011.  BofA's retail clients have been dumping stocks for a while now, but the pace is rapidly accelerating:

 Don't take our word for it, check out the charts at http://www.businessinsider.com/bofa-client-flows-first-week-of-december-2012-12#ixzz2ElKpeYkh