Markets

If you are not in Tech this market sucks
Change in market cap year-to-date

Amazon +$561 billion
Apple +$365 billion
Microsoft +$335 billion
Tesla +$203 billion
Google +$112 billion

JPMorgan -$138 billion
Wells Fargo -$125 billion
Bank of America -$115 billion
Exxon Mobil -$111 billion
Berkshire Hathaway -$90 billion

This has sent Bloomberg’s Fear-Greed indicator to its highest ever – above March 2000’s previous peak – and as @C_Barraud notes that these highs contrasted with a plunge in March that produced record weekly lows, surpassing those in December 2018 and May 2000.

2020-07-20_12-09-26