1242 days ago
U.S Value was lagging U.S Growth by 30% YTD before the opening today. There is thus plenty of room for some mean reversion...
Source: Jeroen Blokland
1242 days ago
Source: Jeroen Blokland
1242 days ago
Travel stocks surged on Monday as Pfizer's rosy vaccine announcement renewed bullishness toward the slammed industry. Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all gained more than 30% in the rally. United Airlines surged as much as 27%, while Delta Air Lines and American Airlines climbed 23% and 26%, respectively, at intraday highs. Strategists have long viewed a viable coronavirus vaccine as a silver bullet for ending the pandemic and bringing travel activity back to pre-coronavirus levels. - Source: Markets Insiders
1242 days ago
Positive developments in the race to a COVID-19 vaccine sent shares of stay-at-home stocks like Peloton plummeting on Monday. Peloton plummeted as much as 25% at intraday lows. The at-home fitness company saw a spike in sales due to the COVID-19 pandemic as consumers searched for exercise alternatives amid the stay-at-home orders - source: Markets Insiders.
1242 days ago
Will we see massive rotation out of growth / "stay at home" stocks into value / "go outside" stocks?
1242 days ago
Dow Jones Futures are up nearly 5%. DAX is up more than 5%. Oil is up nearly 10%. Pre-opening, JETS, the U.S Airlines ETF, is up 15%.
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