SentimentEdge report

Jason Goepfert

11-17-2020 at 1:15 pm

Even as stocks become more volatile, they're less correlated

Over the past 10 days, the average stock in the S&P 500 has undergone increased volatility. At the same time, the correlation among stocks in the index has declined. This is highly unusual. Likely due to a rotation into smaller stocks, similar behavior has led to further gains in smaller stocks.

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