The Gemini team discusses INSTAT A, B, and C Daily Market Pulse Reports, Thurs. Feb 12, 2026

Bill Cara’s three market reports provide a detailed analysis of global capital flows on Thursday, highlighting a significant divergence between different geographic regions. Northeast Asian markets, particularly South Korea, Japan, and Taiwan, experiencing a powerful bullish surge driven by tech and financial sectors. In contrast, European markets were in a phase of tactical consolidation, where short-term pullbacks are viewed as healthy price digestion rather than a full trend reversal. The data reveals a clear institutional rotation away from Chinese equities and Indian IT services, both of which face sustained selling pressure and liquidation. While Greater China remains an outlier with consistent negative momentum, select companies in the energy and insurance sectors are emerging as contrarian candidates with improving internal metrics. Ultimately, the report describes a bifurcated investment landscape where professional capital is concentrating in cyclical assets within Northeast Asia while retreating from defensive positions in India.