$5.1 TRILLION HIDEOUT FOR THE BIG MONEY IN THE STOCK MARKET WILL BE TESTED THIS WEEK $DIA $DJIA $SPY $SPX $AMZN $AAPL $FB $MSFT $GOOG $GOOGL $IWD $WMT $TGT
The stock market is detached from Main Street — that is what I hear from investors most often these days. Many are puzzled, while others are convinced that this is a sucker’s rally. There is merit to both bull and bear cases.
The bear case is well-understood, the bull case is not as apparent to many investors. Please see “Why it’s not so crazy that stocks are rising even though 26 million people are out of work.”
Investors need to dig below the surface of the stock market. When they do so, they will find that the big money is in the $5.1 trillion hideout of large-cap tech stocks, which will be tested this week.
April 27, 2020