Turnaround Tuesday Nasdaq flying high just as i knew it would. All nasdaq longs bright green Dow Jones 27,288.18 16:20:01 | NYSE +140.48 +0.52% S&P 500 3,315.57 DERIVED 15:59:58 | NYSE +34.51 +1.05% Nasdaq 10,963.64 16:35:00 | NASDAQ +184.84
Futures up triple digits on the dow. Could be another fascinating day as hopes spring up on a possible stimulus plan and of course that good old spending bill to avoid yet another government shutdown. Yes another "possible" government shutdown. We all know they will pass the bill and keep it running so absolutely no worries there.
Market wants a stimulus plan. Its coming soon. Market will keep selling off until it gets one. And once it does get it it will be erase all previous losses. However until then volatility will be significant especially with the elections only weeks away
There's not going to be a stimulus plan before the election. A stimulus plan will just help Trump, and the House does not want that. It is now war, and the US citizenry is just collateral damage in the desperate Dem attempt to maintain a smidgen of power. And by the way, where is the magical PLUNGE PROTECTION TEAM? Not much talk about them lately. Why is that?