US stock institutions and retail investors have once again deviated: According to the latest trading data from Goldman Sachs, after experiencing a large-scale sell-off and short selling in April, hedge funds have now fallen into a comprehensive panic buying mode, net buying of US stocks for the fifth consecutive week in the past week, with long buyers exceeding short sellers by about 3-1. As hedge funds chase after US stocks, the enthusiasm of Asian retail investors to buy at the bottom has actually receded. Korean and Japanese retail investors have turned short, while Singaporean buying has plummeted. According to official data on Tuesday, Korean retail investors became net sellers of US stocks for the first time in May, while Japanese accounts became net sellers of US exchange traded funds. The number of Singaporean traders buying US stocks in May decreased by a quarter compared to the previous month According to data from the Korea Securities Depository, individual Korean investors sold over $1 billion worth of US stocks in May. According to data from the Tokyo Stock Exchange, Japanese retail investors sold approximately $166 million worth of US focused ETFs in the same month, marking the largest decline since April 2023. In April, while institutions were watching closely, retail investors vigorously copied the bottom to support the US stock market to emerge from the V-shaped rebound. Who can win this time 🤔