Dow Futures Up 1500 Points On Pfizer Vaccine Efficacy

Even bigger percentage-wise I believe Russell 2000 up 166.90 pts, then back down 116.90 pts


right.
Those who longed it and totally failed to take profit would
be weeping and grinding their teeth in despair.
 
Dow Futures Up 1500 Points On Pfizer Vaccine Efficacy.
Then
Dow Futures Down 950 Points.

Misleading headline. Who wrote that one? I'm not at a real-time chart, OK, but on a 10-minute delayed chart, the YM is at 29K even currently. We're still 600 points up from the Sunday open.
 
fundamentally, there's a good chance that life would return to normal. people would go out, spend money, and enjoy life like eating out, taking a trip, buying a car... and stimulate economy in the process.
 
Even bigger percentage-wise I believe Russell 2000 up 166.90 pts, then back down 116.90 pts

Russell futures were insane at the open, up 10% from fridays close at one point, but closed up just 3.7%.
 
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It’s interesting that big Pharma gave Ole Joe 3x what they gave Orange Man.

And Joe knows how to treat his donors - just ask the credit card companies.

https://www.drugdiscoverytrends.com/guess-who-the-pharma-industry-is-supporting-for-president/
How can anyone not love Joe.
Joe-Biden.jpg
 
We’re going to have two one-term Presidents in a row. Biden is going to be severely weakened by an economy that’s going to have to reinvent itself in many ways. I just can’t see a Republican Senate going along with several Trillion dollars of additional spending and I don’t quite see how Biden raises taxes and risks making things much worse.

There’s been some serious dislocation in the services industry and a profound change to the office work environment. Even with a vaccine, things are not going back to the way of life prior to COVID.
 
We’re going to have two one-term Presidents in a row. Biden is going to be severely weakened by an economy that’s going to have to reinvent itself in many ways. I just can’t see a Republican Senate going along with several Trillion dollars of additional spending and I don’t quite see how Biden raises taxes and risks making things much worse.

There’s been some serious dislocation in the services industry and a profound change to the office work environment. Even with a vaccine, things are not going back to the way of life prior to COVID.


Democrat might gain the two senate seats in Georgia in January runoff. That d end the partisan bickering :)
Joe Biden tax plan would raise tax on the top earners (back to 39%), so if one makes $400K or more, then he/she would pay 2-3% more tax; and corporate tax would go back up to 28%. everything else would remain the same.

https://joebiden.com/two-tax-policies/
 
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