The rebound since the Covid scare reached its worst in March has been one of the most unbalanced and narrow rallies ever seen

Gains were concentrated in a few big companies. That trend has been at least somewhat corrected in the last two weeks.

The herd psychology isn’t just visible at the level of individual stocks.

John Authers Bloomberg 21 september 2020

https://www.bloomberg.com/opinion/articles/2020-09-21/tech-stocks-reversal-is-healthy-correction-of-unbalanced-market




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