Santoli’s Thursday market notes: Investors’ sentiment moderates as meme stocks take a breather

Traders on the floor of the New York Stock Exchange.
Source: NYSE

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.

  • Traders move money from one pocket to another: Out of the stable-growth group and into banks and such, leaving the broad S&P 500 essentially where it was eight days ago as we churn just under the record highs.

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