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Institutions Bought the Dip on May 12; SPY, QQQ Rally Reverse Hot CPI Selloff
After the hot CPI print triggered a sharp selloff on May 13, institutional buyers stepped in on May 12 to scoop up dips in mega-cap tech and semiconductor stocks including Nvidia, Apple, Microsoft, and Broadcom. The buying suggests a V-shaped recovery in risk appetite and conviction that recent weakness is a tactical opportunity.
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Rocky take
Institutions Bought the Dip on May 12; SPY, QQQ Rally Reverse Hot CPI Selloff has gained +0% in mention volume over the past 24 hours. Sentiment is constructive. Coverage is led by tier-1 financial press with cross-platform amplification.
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