Kris Sidial says a 4% one-day market drop did not reflect broad bearish positioning: most of the Street was leaning the other way despite weak sell-side data. T

Kris Sidial says a 4% one-day market drop did not reflect broad bearish positioning: most of the Street was leaning the other way despite weak sell-side data. The selloff still triggered several pod shop liquidations as equity financing has slowed since June.