Institutional Buying

The levels of "Institutional Trades," which are trades of larger than 10,000 shares purchased or sold, have actually been on the buy side over the last several days. This is generally a positive indicator for the market. With all of the uncertainty in the world and the recent negative market moves, it seems unlikely that a move to the upside is in the near future. A very smart investor once said that "You buy when there is blood in the streets." Take a look at quality positions in companies that have great balance sheets and don't be afraid to allocate there.