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Since the Coronavirus came into our lives this slice of the stock market has given ordinary people the chance to multiply their money by 96% in 21 days on JP Morgan.
Trading | April 19, 2018
Historically, when stocks have risen and decoupled from bonds, and bonds have then sold off to catch up to stocks; the recoupling has led to extended selling pressure in stocks.
Will we see the same this time?
Something else has shifted today: Tech is underperforming financials…
275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500.