Mike Santoli’s market notes: Nasdaq nears correction, ‘imply reversion’ or one thing extra?
zoominfo signage on the Nasdaq, on June 4, 2020.
Supply: zoominfo
That is the each day pocket book of Mike Santoli, CNBC’s senior markets commentator, with concepts about tendencies, shares and market statistics.
- Many storylines in play (day-trader comeuppance, SoftBank’s exhausting lesson, stock-split mania unwinding, Tesla intestine examine), however in the end this seems to be like a bout of mean-reversion for an overheated, overconfident rally.