You’re Hot then You’re Cold

Remember the stay-at-home stocks? These names were the epicenter of the greatest speculative stock market mania since the dot-com bubble. And similar to that movie, think Uncut Gems, this one isn’t ending well either.
The chart below shows the 2020 returns plotted alongside their current drawdown.

The following chart zooms in with some household names.

DraftKings, one of the most exciting SPACs of 2020, gained 336…

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