Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping out

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

New for subscribers: Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping out Check out CNBCPro for a free trial.

Quiet on the surface but noisy underneath today. Modest upward-grinding action being countered by some slippage in the weighty Nasdaq names, as the popular play is now to add more cyclical exposure to play either A) a steady reopening of the economy or B) a catch-up move in some of the most volatile, bombed-out parts of the market.

It's quite a grab for "beta," whatever the motivation. The "deep value" stock baskets are up 1.5% or more. Of the top 30 gainers in the S&P 500 right now, all but two are down more than 25% from its high. The

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Mike, thanks for the info

Pro That guy needs a proper, fitted mask

Pro please notice the twitter handle on the sign..... also the person sharing the post on instagram who supports and promotes this

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mike Santoli's market notes: 'Reopening lottery ticket' stocks surge, corporate bond market hummingNew for subscribers: Mike Santoli's market notes: 'Reopening lottery ticket' stocks surge, corporate bond market humming Check out CNBCPro for a free trial. Pro Is there a maximum height for skyscrapers? The answer. Pro Mike Santoli is like Chinese food. It tastes good but you’re hungry 19 minutes later. He looks like JFK is quite eloquent and says nothing. He belongs in top 5 CNBC scams. The Najarian clowns are far and away number 1
Source: CNBC - 🏆 12. / 72 Read more »

Mike Santoli's market notes: 'Reopening lottery ticket' stocks surge, corporate bond market hummingNew for subscribers: Mike Santoli's market notes: 'Reopening lottery ticket' stocks surge, corporate bond market humming Check out CNBCPro for a free trial. Pro Is there a maximum height for skyscrapers? The answer. Pro Mike Santoli is like Chinese food. It tastes good but you’re hungry 19 minutes later. He looks like JFK is quite eloquent and says nothing. He belongs in top 5 CNBC scams. The Najarian clowns are far and away number 1
Source: CNBC - 🏆 12. / 72 Read more »