“V” shape rally continues for indices. S&P 500 and Nasdaq making all time highs.
Under the surface though, ramp in indices are not telling the whole story.Action now contains in small group of stocks. Unless you are trading big cap tech beta names like AMZN,GOOG,TSLA,FB NFLX or select earning news related stokes, not much action in most names. We have a long weekend coming up , volume should die down after lunch hour Friday.
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