According to this article, investors have started selling stocks. Since May 8, buying interests have declined. U.S. mutual funds have also began selling their stock position. The selling pressure is also the highest since October, after Lehman Brothers' collapse.
Of course, bank stocks are the main target of selling. They have risen the most since the market bottom in March. However, energy and commodity stocks have also been the target of institutional traders. Furthermore, it looks like the big institutions like mutual funds and hedge funds are taking the money out of the U.S. and investing in international equities.
Selling pressure has not increased dramatically yet, there might be a good buying opportunity soon. Be prepared!
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