Market Notes: The markets are grinding upward as we welcome December. The SPY posted a new record high close again yesterday. That’s the 6th one since the first PFE vaccine was announced. New jobless claims data is due out this morning. Could be a driver if there are any surprises. The China problem is not …
Market Notes: The S&P 500 and the Nasdaq posted record-high closes. The bull run appears intact. News broke overnight that the UK has approved the emergency use of PFE’s vaccine. The first round of doses is scheduled to be distributed as early as next week. The FDA in the US is scheduled to vote on …
Market Notes: The U.S. Dollar has fallen to its lowest point in over 2.5 years. Bitcoin is surging, hovering near all time highs at writing. Weed stocks are moving up as the U.S House will vote on legislation this week. Its fate is still uncertain in the Senate. Gold is near its 200-day moving average, …
Watchlist: 12/1 Dollar Weak, Weed & Bitcoin Strong Read More »