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

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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

 

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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

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