Stocks Were Green. Then the Pros Started Selling.

Abraham sees a late-close institutional sell-off, weak breadth, and fast-rising rates as warning signs despite indexes near highs heading into October.

• Late-day reversal: S&P 500 flipped from up ~1% to down 0.25% (7,651) at the close, which Zach Abraham says reflects institutional selling since the final trading hour is dominated by professional flows, not retail.
• Rates moving fast: US 10-year near 5.3%, 30-year at 5.65%; Abraham says the speed of the yield move, not just the level, is what's damaging alongside record diesel/energy costs.

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