Don't Let ETF Mania Fool You, There Are Plenty of Bearish Bets in U.S. Stocks
- Short interest rising faster among individual stocks than ETFs
- Traders are hesitant to wager against the tech, financials
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Skepticism is one thing this stock market rally hasn’t lacked. You just have to look for it.
The Nasdaq Composite Index is setting records while the S&P 500 Index hovers near an all-time high. Betting against the market when it’s putting up these kinds of numbers can be a sucker’s game, and not surprisingly the biggest exchange-traded fund tracking the S&P 500 has seen bearish bets plummet to their lowest level in 10 years.