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The Party in the Stock Market Is on Hiatus

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WSJWhatsNow: Nasdaq Inc. edged ahead of its rival, while shares of airlines looked grounded. paulvigna breaks down this week’s winners and losers.

The stock market lately looked like those kids on the beaches: maskless, ignoring social distancing protocols and ready to party. It appeared to forget about the fallout from the pandemic and was preparing to celebrate new milestones.

The market did have some fun early in the week, briefly pushing the S&P 500 into the green on the year and propelling the Nasdaq Composite over the 10000 mark for the first time.

 

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paulvigna

paulvigna

paulvigna

paulvigna The only advice you need: The stock market is a government-sanctioned ponzi scheme run by the 1%.

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