STOCK MARKET INVESTORS PAY ATTENTION TO SHIFT OF BILLIONS OF DOLLARS AWAY FROM POPULAR STOCKS $AMZN $CSCO $DIA $DJIA $FB $MRNA $MSFT $PTON $TDOC $WMT $WORK $ZM
Money is beginning to shift away from stocks that did well while the economy shut down to fight coronavirus. The shifts have picked up since Moderna announced impressive data from a Phase 1 trial for a vaccine against coronavirus.
Now investors should look ahead to the post-vaccine world: Sell stocks that are hot today but will experience deteriorating earnings momentum after a vaccine comes out and buy quality stocks with good balance sheets that will experience positive earnings momentum in that new era.
This chart compares the Dow Jones Industrial Average ETF DIA to seven stocks that I am using to illustrate shifts in money flows.