As the jobless claims number was forecast to be 1.6MM and turned out to be 3.2MM, I think the market went, "Whee! Worse than expected means EVEN MORE STIMULUS... YEA!"
Indeed. And there is also the end-of-quarter rebalancing going for many portfolios. Wonder how much of this upward move is caused by that.
Short is faster return harder to catch, long slower return easier to catch. Always forever no matter what when and how, longer term.
no. i move to mostly cash on my 401k before the big drop. now i'm slowly averaging it in after the 30% drop recently. you ask me how i know? i said it is from my 10,000+ hours of screen time looking at charts everyday.