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Vandalayind

12/17/21 8:01 AM

#349939 RE: NewYorker567 #349937

That's just a number being propped up by a few.

Breadth has only gotten worse.
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Vandalayind

12/17/21 8:03 AM

#349940 RE: NewYorker567 #349937

Lack of usuaul safe money making alternatives has forced money managers to consolidate in very few big names.

That was the rush. There is no more money rushing in.

As these stocks start to under perform and interst rates start to rise...they will move back to the sure money positions they once had.
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Vandalayind

12/17/21 8:09 AM

#349943 RE: NewYorker567 #349937

Recent move in AAPL was it. That was the yield chasing hail Mary. Most of the other FAANGs don't pay a dividend.

Absolutely no reason to hold them in a deflationary environment. AAPL at least pays a dividend.