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S&P Gives Up Vaccine Gains, Tech Is Tumbling As Momo Meltdown Accelerates

S&P Gives Up Vaccine Gains, Tech Is Tumbling As Momo Meltdown Accelerates
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S&P Gives Up Vaccine Gains, Tech Is Tumbling As Momo Meltdown Accelerates

Tyler Durden

Tue, 11/10/2020 – 10:45

Well that all de-escalated quickly.

After the exuberance yesterday, the afternoon weakness is continuing today with the S&P now underwater from the Pfizer headlines and Nasdaq down over 6%…

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The tech wreck is being accelerated by the record-breaking collapse in momentum…

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And for now, the recent surge in yields is stalling at recent highs…

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…ignoring the momo/value pair’s collapse…

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The dollar couldn’t care less and is flatlining for now..

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…we ‘re gonna need another vaccine!

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About The Author

Tyler Durden

Zero Hedge's mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information's unending quest for freedom. Visit

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