In One Chart: As the S&P 500 surges from March lows, investors fled the most popular stock-market fund—here’s what one analyst says that means

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Tom McClellan, market timer and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows.

Tom McClellan, market timer and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows.