We aren’t going to comment to much here, we know the speculative fervor is well entrenched, but we did see this FANG chart:
It’s obviously the investment allocation of choice, but we also know QE, stimulus, etc. have a lot to do with this. We have posted the NQ chart and noted our skepticism, but today the Nasdaq was back to its leading ways per our settles for August 20th 2020:
