OSTK - Internet retail stocks rally as Etsy leads the charge

Huge volume is pouring into the Internet retail sector as investors track back to some of their pandemic favorites.It is unclear if COVID-19 headlines are stoking the buying action or investors are positioning ahead of Q4 earnings reports. Etsy ([[ETSY]] +13.3%), Jumia Technologies ([[JMIA]] +8.7%), Fiverr International ([[FVRR]] +7.8%), Wayfair ([[W]] +6.0%), Chewy ([[CHWY]] +5.0%), Farfetch ([[FTCH]] +5.9%), Carvana ([[CVNA]] +4.4%), eBAY ([[EBAY]] +2.7%), MercadoLibre ([[MELI]] +1.8%) and Overstock.com ([[OSTK]] +4.9%) are all higher on a day that broad market averages are just barely in positive territory.Seeking Alpha Quant Ratings on the sector confirms high marks for momentum, but low grades for valuation.

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Internet retail stocks rally as Etsy leads the charge