Mike Santoli's market notes: Patient investor punished, dash for trash, strong market internals

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since the March 23 low, the core question has gone from "Is the bottom in?" to "Will we retest the low?" to "Why is the market shrugging off all the bad news?" to, now, "What could possibly stop this relentless rally?"

The unpopularity for much of the past couple months of the bullish case - and the fact that this upbeat thesis can't easily be refuted for many weeks or months - has given stocks the time and room to recover and punish the patient investor sitting in cash or defensive stocks.

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Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping outNew for subscribers: Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping out Check out CNBCPro for a free trial. 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 Pro Mike, thanks for the info
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Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping outNew for subscribers: Mike Santoli's market notes: Grab for beta, Robinhood traders causing froth?, tech topping out Check out CNBCPro for a free trial. 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 Pro Mike, thanks for the info
Source: CNBC - 🏆 12. / 72 Read more »