A Rush to the Back of a Sinking Boat
Mega Cap Stock Move Higher
Yesterdays market movement reminded me of a sinking boat. Where does everyone run to when the front of a boat starts to sink? To the back. Where do people move their money to when the market is headed south? To the largest companies. DOW, SP500 and NASDAQ all up yesterday.
Stock index futures indicated a higher open on Tuesday, with the Dow futures up 0…
Keep reading with a 7-day free trial
Subscribe to The Twelve to keep reading this post and get 7 days of free access to the full post archives.