"Fast-money hedge funds are rushing to cover their bearish U.S. stock bets even as the equity rally threatens to break down.

Speculative investors bought a net 206,227 S&amp;P 500 Index E-mini contracts in the week to June 23, the most since 2007"

$SPX $NDX

https://t.co/ItHBWdlZ7O https://t.co/AcoEnUNtee