Thursday, August 13, 2020
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.
Investors have been buying losers and selling winners.
The last few days of market action have been among the most interesting in months.
Everything that worked suddenly lagged.
Everything that had been falling behind this market was quickly in a leadership role.
After the Nasdaq hit a record high last Thursday, the sectors, styles, and factors that had been out of fashion for most of the summer became the stars of the show.
And as Nomura strategist