The news always is needed to explain the move. Market bottomed last week.
Todays rally is brought to you by:
Sentiment on Wall Street got a boost after House Speaker Nancy Pelosi said Sunday a last-minute coronavirus aid deal remains on the table as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion. Pelosi also said she and Treasury Secretary Steven Mnuchin are set to talk on Monday. Still, that price tag is well above what Republican leadership has indicated it will support for a new package.
“While House Speaker Pelosi and Treasury Secretary Mnuchin are scheduled to resume talks, it is likely that many of the House Democrats facing tough upcoming election battles are growing eager for a resolution,” said Katie Nixon, CIO at Northern Trust Wealth Management. “We are very cautious in our optimism for a bill before November, but more confident that support will come either in a lame duck session or after inauguration.”
Futures to surge, yes I sound like a broken record but reason for the surge will be the same reason markets fell at the open Friday morning, yes believe it or not the results of trumps well being is getting better from last reports, once he recovers from the virus stocks will surge erasing all losses from the news that trump had the virus. So Friday was an ultimate buying opportunity in the tech heavy nasdaq index.
Quite on the cards, Sunday night, quiet, it's prolly the best window of opportunity to jam up price hard, burn shorts and create a chain reaction.Futures to surge, yes I sound like a broken record but reason for the surge will be the same reason markets fell at the open Friday morning, yes believe it or not the results of trumps well being is getting better from last reports, once he recovers from the virus stocks will surge erasing all losses from the news that trump had the virus. So Friday was an ultimate buying opportunity in the tech heavy nasdaq index.
Futures to surge? You are going to be so wrong again. Just stop
Booof! Up nearly 1/2% on open.
Same old same old.
Sheeple don't want reality, tickle their ears and they're happy.That 1/2% will be a 1% by mid day. And any rally will be based on the fact of a stimulus proposal becoming reality in the next few weeks. any market weakness will be met with stimulus talks just to boost markets.
Sheeple don't want reality, tickle their ears and they're happy.