They are probably excited about the unlimited stimulus plans throughout 2021 to give the markets a huge boost JPMorgan predicts a 10% rally for the S&P 500 and names the U.S. sectors to watch https://www.cnbc.com/2020/09/29/jpmorgan-predicts-a-10percent-rally-for-the-sp-500.html
And this is why stimulus will keep pouring in, no one understands that the consumer is weak and the economy as a whole is even weaker... America’s most vulnerable families could face financial crisis if government relief fades away, Fed says PUBLISHED TUE, SEP 29 202012:31 PM EDT https://www.cnbc.com/2020/09/29/low...e-a-crisis-if-government-relief-ends-fed.html
Not sure how pumping money into a stock market helps them, but if it sells and making the billionaires more billions then who am I to argue.
Markets flat af choppy today, holding a few k inverses, SDOW was stronger 2day chart vs SQQQ UVXY TZA
Check the Calander, loads of Fed announcements so chop into announcement then a move depending on the news, then back to chop to the next. In out, in out, up 5% today, nice!!
I remember that night. Was a beautiful thing. And then green they went the very next day and never went back below the low.