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Dow Jones Tumbles 863 Points on COVID-19 Surge Fears, on Track for Worst Day in Nine Months
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Dow Jones Tumbles 863 Points on COVID-19 Surge Fears, on Track for Worst Day in Nine Months
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Handicapping the market s upside from here as stocks run up the score on bonds, stretch valuations CNBC 2/6/2021 Michael Santoli
A look a the bull market s implied point spread – how much upside remains by betting the prohibitive favorite given the current field position and valuation?
With Treasury yields rushing higher, equities are certainly running up the score against bonds in a way that makes a modest reversal seem more likely before long.
Yet sentiment measures are not quite at critical extremes and the popping of the GameStop bubble argues against the idea that such retail speculative aggression has overtaken the market.