High beta indexes are jumping

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-17 at 07:55:51 CDT

Over the past 3 days, the Russell 2000 has rallied at least 2% and the Nasdaq Composite at least 1%. That has indicated "too much too fast" on a short- to medium-term basis, especially for the broader indexes like the S&P 500. It was mostly a good sign for the Nasdaq, though.

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