Wall Street's High-Risk Trades Lose Investor Conviction; USO Sees Largest Monthly Outflow Since 2009

Gate News message, April 24 — High-conviction trades on Wall Street are rapidly losing favor as risk-conscious investors cash out of crowded positions. USO, the largest U.S. ETF tracking crude oil, is on pace for its steepest monthly outflow since 2009, while SOXX, one of the largest semiconductor funds, is poised for its second-largest weekly withdrawal ever—just one week after recording record inflows.

Despite both trades continuing to deliver positive returns, investors are increasingly unwinding their positions, signaling a shift in market sentiment toward risk reduction.