Growth stocks bounce, an unusual ETF for the upturn, the bull case

first_imgTraders work the floor of the New York Stock Exchange.NYSE This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.(This story is for CNBC Pro subscribers only.)A partial reversal of the big reversion trade, the big growth stocks bouncing and flattering the indexes as the majority of stocks catch their breath.Closed bond market means yields can’t tick any higher. This relieves some of the psychological and systematic-trading pressure from the growth complex. The surge in value over growth, small over large, cyclical over defensive had also grown a bit extreme in the short term. – Advertisement –center_img – Advertisement –last_img

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