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AUTHOR
Mick Weinstein
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U.S. stocks are selling off for a fifth-straight day. The Fed minutes could be a catalyst, although stocks are not oversold and volatility remains low.
Investors allocate capital based on growth prospects
The market spent the session waiting for Nvidia, with hedges being put on throughout the day, which is why the VIX 1-day rose from around 8 to 15.
Many small-cap industries and sectors outpaced their large-cap counterparts over this 6-month period, a sign of the broadening equity rally and the role of other secular investment themes in play.