Stay-At-Home Space Weakness Takes A Toll On The Nasdaq

Commenting on the weakness of the stay-at-home space and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreThe Weakness Of The Stay-At-Home SpaceThe major indices are mixed at midday following another active morning session on Wall Street, with investors still trying to gauge the effects of yesterday’s promising vaccine news. The Nasdaq remains under severe selling pressure, due to the weakness of the “stay-at-home” space, but cyclical issues continue to shine thanks to the repositioning. Global markets have been following Wall Street’s …

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HEDGE accordingly