Afternoon Note
Today’s biggest winners are not about a vaccine but about the ability for society to coexist in a better more informed way with the virus. Perhaps, this makes the buying proposition move credible than guessing about a vaccine approval. The larger question is whether there can be enough excitement across the board to send fresh cash into cyclical names without it having to come out of growth names.
Today, the answer is no. Profit-taking in growth stocks has pressured the NASDAQ all session and mitigated overall rallies of the other major equity indices.
Abbott Laboratories (ABT) |
+7.79% |
United Airlines (UAL) |
+7.09% |
Norwegian Cruise (NCLH) |
+6.87% |
American Airlines (AAL) |
+6.82% |
NetApp. (NTAP) |
+6.02% |
Live Nation (LYV) |
+5.68% |
Alaska Air Group (ALK) |
+5.59% |
Carnival (CCL) |
+5.53% |
Royal Caribbean (RCL) |
+5.08% |
Darden Restaurants (DRI) |
+4.93% |
Delta Air Lines (DAL) |
+4.71% |
Marriott International (MAR) |
+4.61% |
Maybe they will surprise us and show they give a hoot.
Comments |
thank you for hilighting Lake Charles on your show. I live in nearby Sulphur. A tuff people with another disaster cleanup. Malcolm Lee Gibson on 8/27/2020 2:33:53 PM |
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