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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we look at the massive rotation that has hit US equity markets this week. One area of the market that has seen huge buying interest recently is retail. Below is a list of our Death By Amazon index members. For each stock, we show its year-to-date percentage change along with its percentage change this week. On average, Death By Amazon stocks are down 15% year-to-date, but they’re up 8.2% this week. That’s a massive move. Of the 62 stocks in the index, 19 are up more than 10% on the week.
We discuss this week’s rotation in more detail in tonight’s Closer.
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