Flows are rotating into DAN while LCID weakens

🇺🇸 Equities are seeing a notable flow reversal, with inflows outpacing outflows for the first time in recent sessions, but caution remains warranted. The day’s flow snapshot shows 105 inflow clusters versus 158 outflows, yet the top bid theme is $DAN (Dana Incorporated), which attracted a massive $146M, overshadowing the $39M exit from LCID. This indicates strong investor interest in the energy and industrial sectors, even as some large tech names exit. What matters next is whether this inflow momentum can sustain beyond the initial surge. The dominant flow into DAN suggests a shift towards value and energy themes, but the overall market remains fragile with more clusters still exiting than entering. Watch for continued inflow into DAN and related sectors, which could signal a broader risk-on tilt if confirmed by subsequent sessions.