Monday April 19 2021
See page B9 Streetwise intoday's WSJ. It details how money poured into ETFs which track the S & P Clean Energy Index. Among the 30 stocks
there many which are thinly traded. The massive inflow of money juiced the prices skyward. Some of the funds grew five times in value over four months. The values reached 14 B before dropping back to 10 B. This is not Graham and Dodd investing.
Again this is a sign of mania chasing whatever is perceived to be hot at the moment.
Not much movement in bonds this morning.
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