COVID-19 UPDATE: Meaningful Case + Hospital rises seen in the 3 border states CA, TX and AZ and also 2 other states AK + UT (new). Be wary of negative anchoring biases.

The equity markets have stalled this week, with stocks down the past two days and down slightly week to date.  The equity market has been rising, seemingly relentlessly, so a pause is pretty welcome.  But equities are still largely in the hands of buyers.  There is just simply too much cash on the sidelines.  We wanted to breakout the money market cash between institutional (left) and retail (right).  And both have stayed stubbornly high and at record levels.  So, ...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in

More from the author

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In