Jobless claims rose to 853k this week, way above expectation; 716k. With little to no progress on the stimulus package the futures and major indexes are in reds this morning. Although the market is sizably over priced, it seems investors are not concerned at all. There are new analysis showing that the market could keep the bull position for a while after this massive return from the fall we saw in Mar. However, in the short term and specially after the stimulus package is released, if there is no more signs of propping-up the market, we could see a moderate sell off.

 The stimulus talks are gaining grounds in the stock market as if it's adding to the bubble. Futures and major indexes are higher this morning. Although the market should be headed towards a correction, at least in the first quarter of 2021 according to the historical data, but Wall Street is optimistic about the end of 2021. They have raised the bars for the like of S&P 500 and counting on a better level of "normalcy" by then.  The latest upgrade to Google Cloud was the acquisition of Dataform, to manage SQL data flow. Bitcoin fell 6% with the news on $166 million transfer for $1.25. Recent fluctuations in Bitcoin made me think, although crypto currency is the future but Bitcoin in particular could be the Oil market of 2010-2020, vanishing by 2030. Chewy is on the top of the news with 6% gain yesterday and 45% revenue increase in the last quarter.  Have you thought about investing in water? Well there is a new opportunity provided by Chicago Mercantile Exchange offer...

 US economy has added the least amount of jobs in 7 month, in Nov. Although there is a chance that nearly 80% of wealthier countries will get the vaccine by end of  2021 and the S&P 500 forecast are encouraging, but we might enter the new year with a lot of pessimism.  The stimulus package seems to be taking so much time to rap up, that I think it might be because a bear market is ahead of us and there is nothing else the Fed can do for this market. So they are keeping the stimulus as the last resort but timing the release to prevent a sudden free fall. Tesla touched record highs again on Mon. They are the most valuable auto maker while the production is a fraction of the likes of Toyota, VW and GM. Still, they have launched their second $5billion share sale this month. Aurora will buy Uber's Advanced Tech. Groups. Let me know what yo think. Keep smiling and stay charitable.

 Nancy Pelosi is working with the republicans for a $908 billion stimulus proposal as a baseline. The market eased off a little yesterday after days of record highs. Today futures look a bit on the positive side. Uber is in negotiations with Joby Aviation for for its flying taxi deviation. Amazon is in process of acquiring Wondry podcast. Google has decided to buy Actifio to strengthen its cloud section to stay in compatition with Amazon and Microsoft. Let me know what you think. Keep smiling and stay charitable.

 The market was loosing all the reasons for going higher and that's when stimulus talks are back on the table. Private sectors added less jobs than expected in Nov. This is while unemployment is at 6.8%. UK is the first western country to approve authorization of vaccine consumption Germany's BioNTech in partnership with USPfizer.

 Indexes and futures are poised for a gain this morning after Michael Pence announced that the vaccine could be out as early as next week. After DJI hit record highs last week, today it showed a significant potential for the surge to continue as Nov was one of the best months in the stock market history. Shopify's Black-Friday and Cyber-Monday had over $5 billion sale which was 76% higher than 2019. Amazon also sold $4.8 billion which soared 60% compared to last year. Apple has appealed against Russia's objection over its iOS monopoly. France is going to tax giant tech companies by 3%, from their income in their country, and US had threaten them by sanctions earlier. The discussions are pending Biden's presidency. This decade started with the entire world being squeezed further on economy, although generally speaking most countries were already in tough situations. One potential earning escape goat for the major economies specially in north America and Europe seems to be ta...

 Futures and indexes looks to be mixed this morning, with no spectacular news weighing on either side. Firs available doses of vaccine will potentially be out in mid Dec for high vulnerability groups. The wide spread of vaccine could be rolled out in Apr.  Apple was fined in Italy for unfair advertisement of iPhone's water resistance because apple has failed to explain what will happen to the phone in a normal situations and has over estimating the resistance in their ads.

 Futures are looking positive this morning. However, Bitcoin had a 10% correction over thanksgiving. The most valuable industry of this decade could be the electric car industry. With Tesla being the front runner, a lot of Chinese and German car makers could be looking at a 10x bubble, soon. Facebook's digital currency backed by USD, Liba, could be coming in Jan 2021. The pandemic has doubled the food delivery culture which is a massive news for Uber and Lyft. SalesForce in talks to buy Slack. Disney will lay off more than expected workers from their theme park.  Earlier Black-Friday's estimates created an expectation of 9% increase in consumer expenditure, however, the new data shows people won't be spending that much, specially with the new social restrictions in play.

 Stock futures and Dollar valuation seems to be untouched, while jobless claims rose to 778k. Exxon cuts oil price outlook for the next decade.  Dow Jones did hit record high yesterday, surpassing 30,000 points. This record comes just 4 years after it hit 20,0000 and 14 years after it met 10,000 points. While Bitcoin is at record highs, it's still suggested that you must keep at least 1 to 5 percent of your investment on this cryptocurrency.  Happy thanks giving. While every year people gather around the table and talk politics and economy, this year families might stay apart, at least in some regions. It's a good reminder however that at around the same time in 1999 tech bubble geared up, in 2017 cryptocurrencies got shoot to the moon, in 2014 oil crashed and Dubai defaulted in 2009; are some highs and lows of previous thanksgiving discussions. Although we are at record highs in regards to Dow Jones, Bitcoin, electric cars and lots of tech companies, but, the after math ...

 Stock futures are looking higher today. Yesterday, stock market started a rally after Trump's administration announced their official transition's commencement. But more importantly, Biden nominated former Fed chair Janet Yellen to be the Treasury Secretary which the market enjoyed weighing on her competence. Bitcoin is still on the rise, surpassing $19,000 for the first time since 2017, with the increase in Covid cases. Google is in talk to buy India's ShareChat for $1 billion. Also, Google LLC's project to connect Europe and India through fiber-optic network got a boost to compete with FB, MS and Amazon. Let me know what you think. Keep smiling and stay charitable.

 Stock futures are higher this morning because of the continuous good news on vaccine; this time from Oxford's AstraZeneca. Bitcoin however continues to surge based on the increase in the number of Covid cases. S&P 500 price per earning ratio is above 5 year and 10 year averages, however, gains are usually achieved when valuation seems to be high.  Thanksgiving with limited traveling is another blow to the airline industry and Oil. But, Airbnb is going public with IPO; reducing cost with employee working from home and with the hope that people will rush into this sector in near future. This is while they have logged $696.9 million loss for the first three quarters of this year. Let me know what you think. Keep smiling and stay charitable.

 Dow futures and treasury yields are lower today because Treasury Secretary has instructed the Federal Reserve to close emergency lending facilities and to return the unused money back. Tech industry is mixed this morning as hope of unleashing restrictions, due to vaccine effectiveness reports, could keep the light of business on. Home sales are exceeding expectations to the level of 2007, which reminds me of the previous recession. With the Trump's administration foreign policy blow out, and the pandemic on top of it, perhaps the depression is yet to begin in 2021. After Bitcoin hits record highs, Digital Asset Investment Management launched the first retirement plan based on Bitcoin.

 US stock futures are mostly lower this morning, with NSDAQ being nearly 1% in the red zone. Number of covid cases are rising to more than 159k per day. What was unexpected was an increase in the new unemployment cases, reaching 742k. Also the new restrictions from NY in person schooling is impacting the market. With current efficacy rates announced by major vaccine providers, ending this pandemic is on the horizon, however, without a stimulus, the impact of economical recovery will not be sustainable for many business. Apple reached a $113 million agreement as a penalty for slowing down their older iPhones to mask battery issues and sell new phones. Google will launch Plex Account as an online banking addendum to their G-Pay in 2021. This was mainly in partnership with Citibank and Federal Credit Union. Facebook has released an experimental app called E.gg where users can create web pages that lets you express your favorite film, music, books and etc. Let me know what you think. K...

 Dow Jones futures are up more than 150 points today and Bitcoin touched the 2017 record high of $18k. Powel reminded that the Fed will remain supportive of the economy as log as it takes, specially with keeping the rates near zero. This was due to the admittance of faster than expected recovery in the market, and noticing that the improvement is slowing down.  Apple announced that they will drop the charges from 30% to 15% for small-business-applications -  making less than $1 million per year in apple store - starting Jan 1st.  Vaccine news is becoming the usual thing these days with Pfizer announcing the effectiveness of its vaccine being 95%. Although the release of a vaccine is on a short term horizon, but some investors such as SoftBank's CEO have doubled their liquidations to over $80 billion, predicting a down turn next year.

Yesterday Dow Jones reached closer to its all time high of 30,000. While Morgan Stanley raised their bars for S&P to 3,900 in 2021, predicting earning growth as the key factor, historical data shows that next year could experience a sizable pull back. Tesla is up 13% in the premarket as it sets to join S&P500. Walmart reported stronger than expected earning due to their online sale and the higher from-home spending. Shopify got into a deal with Alipay and Amazon entered the pharmacy business.  Big pharama shares are going higher after Buffet disclosed investment on companies working on Covid vaccine (AbbVie,  Bristol-Myers, Merck and Pfizer) . Let me know what you think. Keep smiling and stay charitable.

Dow Jones is surging today with the news on  Moderna vaccine being 94.5% effective. Dr. Fauci said a vaccine could be ready by end of Dec for high-risk categories. Joe Biden's advisors say they oppose a national lockdown and prefer a targeted measure.  Cruse, airlines and oil industries surged further with the new vaccine news.  Home Depot got into agreement to acquire HD Supply for $8 billion in cash.  AMC is on a verge of bankruptcy with theaters being massively hit by the pandemic and the era of theater-movie-watching evolving to Netflix and like. They reported $1 billion loss in the third quarter and started to offer another 20million shares in hope of extending the survival. Shopify has strengthened its grounds once more by launching Fulfillment Network; an interesting rival to same day delivery system of Amazon.  Let me know what you think. Keep smiling and stay charitable.

US and European futures look higher this morning as the number of Covid cases are on the rise and the stimulus package is becoming an undeniable reality to sustain the economy world wide. The impact of the good news on a possible vaccine could only be a short term relief, as the spread of the virus could be devastating in the next few months. While some investors are worried that the market is at record highs and recently the lower lows were tested, specially in the tech industry, but this era can be viewed as a support level down the road. Just like the situation we had between 2008 and 2013; the market kept climbing higher. Shares of the Chinese electric car maker, Xpeng, is surging following its earning reports with a robust delivery.  Google will start charging for cloud photo and video storage, a service that's currently free, starting from next year and it could have a revenue of about 3 billion. This is a similar move to their Gmail service charging $1.99/mon for keeping old...

 Stock futures are mostly lower in all the sectors today. Unemployment rate was generally lower this week, however permanent job losses are growing in the US.  The fluctuations in NASDAQ since the semi-successful vaccine was announced shows that people have shifted over to value stocks from tech investment. But it seems that shift was a bit too aggressive. FB could be hurt under Biden's presidancy because his cmapaign spokesman said "FB is shredding the fabrics of our democracy". If amazon won't prevail under European commission anti-trust charges it could be finned 10% of its revenue.  Airline industry is getting another attention from the pandemic recovery by chipping in for Vaccine deliver, when it was ready. Let me know what you think. Keep smiling and stay charitable.

 Stock futures are higher today, even in tech industry; after yesterday's 3% drop in NASDAQ. Reports are focusing back on the higher and record breaking Covid cases, specially in the US and Germany. Oil is still going a bit more higher today however the demand is still in the lower zone. The decrease in demand is nothing like Mar, since China is still heavily buying it. Watch out for OPEC's monthly report today. Apple unveiled new MacBooks with an in house built M1 chip which is more efficient and has higher performance compared to ??? (they threw a lot of numbers like 3x faster than the best selling rival laptop, but which laptop is that?! And what configuration have they compared it with!!) Lyft shares jumped higher once they provided their food delivery road map which could offset the hit they took from the pandemic.  Biden's presidency could face a shift in the international relations. For instance, Russia, China and UK could be more challenged.  Iran's nuclear deal...

Half of yesterday's massive gains during the day were lost by end of the day. Today's futures are mixed with tech industry under pressure. However, Oil, airlines, casinos and cruise industry are finding momentum under the sudden good news on effective Covid vaccine. Although the vaccine is not here yet but the results provides a tentative roadmap to a lot of businesses which is bullish for those industries. On the other hand, during this pandemic tech industry was the sole leader in the market even pulling up major indexes while unemployment and the economy were in recession.  Indeed we are on a path to eventually recover from this pandemic, but I think the tech industry will remain to be the best long term investment. And in fact, situations like this are a good opportunity to invest in. Here are some suggestions out of the ordinary tech stocks that you can have a look and decide if it's a good time for you to ride them. I think they will all gonna be in a much better posi...

 The former vice-president is officially the president now (maybe not to the Donald, though). Stock future soared as expected based on this news. Oil and airline stocks are rocketing higher, however, precious metals and Zoom are under pressure due to the massive news about Pfizer Inc. reporting more than 90% effectiveness in their vaccine study. Novavax has also got FDA approval for a fast track vaccine.  

 Yesterday, NASDAQ, S&P and DOJ took another 2% gain, while on weekly basis that was more than 9% for NASDAQ. Surge in asset prices, record breaking Covid cases and the prolonged election are putting a pause on the soaring market today. Georgia's vote count is nearly finished and Biden is leading there. While his presidency is becoming a reality, Oil took a hit by 2.5%. Although US economy and employment are looking better compared to the last few months, but we are still way behind the beginning of the year. And that was why the Feds kept the interest rate at near zero. This month will be massive for gaming, with the work from home theme and the lock downs. Two of my best gaming companies to invest in, and even a long term one are Zynga and Activision Blizzard. Let me know what you think. Keep smiling and stay charitable.

 US stock market rose parabolically yesterday (NASDAQ soared 3.8%, best session since Apr) as the signs of a Biden presidency with a Republican senate became more evident. The reason why investors are enjoying this combination is because foreign policies and negotiations with China will get a major chance under Biden. Although we might get a smaller stimulus package under him, but that is less significant. Also, a Republican senate means Biden may not be able to tighten the regulations and increase taxes on corporations. Bitcoin is up by 5%, however banks and treasury yield tumbled because there would be no change in spending. We expect no major monetary policy changes when Federal Reserve will announce their decision at 2pm. US recorded over 80k job cuts in Oct which was 32% lower compared to Sep and the lowest in seven month.  Apple is aiming to drop Intel from its MacBook line and replace them with its in house built CPU by 2022.  Biden is very close to claim the presi...

As the presidential election results were towards Biden last night, stock futures dropped but since this morning they are back at where they were as Trump is more likely to win. The results are postponed until all the in-main votes are counted, including Pennsylvania.  As of Wednesday morning, Biden had 238 electoral votes and Trump had 213. Candidates require 270 electoral votes to win. European stocks as well as Bitcoin took a hit after Trump claimed a false victory and after hour fraud; increasing uncertainty.  Based on the election results so far Calcifornia voters embraced Uber and Lyft to be considered as independant ontractors, meaning that they don't need to hire drivers. Uber is up 13% in the pre-market. Also, voters in 5 states ( Arizona, Mississippi, Montana, New Jersey, and South Dakota ) have said yes to legalization of marijuana.  States called for Trump: Ky., W. Va., S.C., Ala., Miss., Tenn., Okla., Ark., Ind., N.D., S.D., Wyo., La., Neb. (4 of 5 electoral ...

 It's election day and stock futures are pointing to a higher open as investors are betting against a backdrop; whomever wins this rally. Joe Biden admitted yesterday that the stock market will continue to go up in a long run, no matter which party wins the election. Sony Music Entertainment partnered with TikTok to make all its songs available on the platform. TradeDesk announced the deployment of unified ID 2.0. This is an internet ID that assists with relevant advertising while keeping the user's preference and privacy at the forefront. This is an upgrade to third party cookies. 

 Today is a big day for investors because its election week and Fed's decision on the rates are coming up. Besides those, uprising payrolls have contributed to futures being higher today. However, Oil is hugely under pressure due to the lack of demand which is caused by an increase in the number of Covid cases across the globe.  Bill Gates has shown positive concern over a need for a stimulus to fight the pandemic. Stimulus  will help the development, testing and later distributing the vaccine across the world. TiKTok's threat became real this week because you find a lot of people talking about election and not just persuading people to go out and vote, but the narrative seemed to be aimed against Joe Biden. The massive youngester base within this app makes this propaganda scary and gives an unfair platform to Donald Trump, increasing is chances of winning.

Stock futures are pointing to a lower open today to give away some of its gain from yesterday's rally. Personal spending in the US rose in Sep by 1.4% while EU's unemployment rates reached 8.3%. Although we are in the middle of a pandemic and a recession, S&P is up, 2.5% higher year to date. The main reason for that is the FAANG (FB, Apple, Amazon, Netflix and Google). Apple's revenue is up, however sale misses expectations. Netflix increased its membership price in US. Shopify announced partnership with TikTok which can bring a big young customer base on board. Election day is 4 days away and Walmart has removed guns from certain locations due to an unrest.  Have a nice weekend. Keep smiling and stay charitable. 

Today equities are finding some support with a small reversal since yesterday's sell off. S&P closed 3.5% in the red zone. Other markets slipped too, including Oil, Gold and Bitcoin. The main reason for the panic was due to higher number of covid cases across the glob, with Europe planning on another shut down. European shares rise today ahead of the Central Bank conference with a hope of a stimulus, after hitting a 5 month low yesterday. Bureau of economic growth will publish the first estimate of the third quarter growth, and the historical figures can be another turning point in the market today. This is while the jobless claims this week is expected to be slightly lower. Marvel Tech is planning to acquire Inphi Corp, that specializes in semiconductor pieces, for $10 billion. After a 25% jump in Pinterest's shares last week, they are another 30% up today in the pre-market based of their revenue boom from advertising. Investors are buying the dips as if they are sure that...

 Record highs in Covid cases across the glob has driven the Oil prices lower by 5% in the pre-market. Stock futures as well as Gold are in reds. Bitcoin however reach its 52 weeks high. Although Microsoft reported yet another revenue climb, the 13th one in a row, mainly because of surge in work from home and online services such as Azure, but their pre-market shares slipped lower. An American non-profit org. has an unbiased test report on Tesla's self-driving capability and it's not good.  According to this report, self-driving suite worked inconsistently, specially Auto-park self-parking system. Also, they emphasized on the fact that, this system requires significant driver's attention to reduce safety risks. There is a similar time that I haven't seen anyone comparing this election with it. I'm talking about the second round of George Bush's election in 2004. The election became messy and resulted in a recount of votes in Florida. Although Bush won that electi...

Yesterday major indexes dropped close to 2% at some point which was mainly due to the increased number of Covid cases. Although the earning news is still impressing but the only thing that this market needs is a stimulus which we may not see until after the election after the senators parted from Washington yesterday. Although the economy doesn't look good and the market has been shady over the past weeks, but people have been saving money too because they were working from home. And that could be extremely bullish for the holiday culture of spending.  AMD agreed to buy Xilinx for $35 billion which is putting even more pressure on Intel. For the first time, yesterday I saw a news weighing on Trump winning the election and its after math on the market. It seems with what happened yesterday in the market, Trump has resurrected again, just like what happened 4 years ago. Keep smiling and stay charitable. 

 Due to Covid19's uncertainty and increase in the number of impacted individuals, precious metals, oil and futures are lower today. We are 8 days away from the election and the senate is yet to pass a stimulus package.  While the west is failing to control the contamination and spread of covid, China is testing the entire city of Xinjing because one person tested positive. Facebook announced the launch of cloud based stream games, available on Android and the web version of their app. Russia is preparing for the test launch of their digital currency in 2021. Airbnb brought in Jony Ive who recently resigned from Apples' chief design officer. Intel is under a serous pressure right now, fighting for being relevant in 2021. Borat's movie was out this week and it was a massive campagn against Trump and his administration. The Rudy Giuliani scene was probably the biggest prank I've ever seen due to its impact. Keep smiling and stay charitable.

We are getting closer to the Oct end and corporate earning are out and impressive. However, investors are not impressed and eagerly holding back for the stimulus package. Congress has moved to the next phase in the stimulus talks, and awaiting the "technical language" fixture.  According to Yahoo Finance: " The Federal Reserve’s balance sheet inched up to a record $7.18 trillion as of Wednesday, with all signs pointing to further growth in the central bank’s portfolio. The Fed’s outright holdings of U.S. Treasuries and mortgage-backed securities added about $25 billion to $6.56 trillion over the last week. Concerns over a slowing economic recovery have pushed the Fed to open the possibility of further ramping up its asset purchases or changing the targets of its asset purchases. ". Remdesivir gets FDA approval and therefore Gilead's stocks surged. Goldman Sachs will pay a foreign bribery penalty and has plead guilty for the first time. Google's monopoly laws...

 Major stock markets trended lower, as the investors are awaiting third quarter earning batches and following the ups and downs of the last stimulus package of 2020. Jobless claims are expected to be lower this week, however the role of a stimulus in preventing the economy from a free fall is inevitable, according to Fed's policy makers. Although business have been lost and people are loosing jobs/income but consumer spending is relatively high. The two markets driving high demands have been housing (people want to get out of dense areas) and auto industry (consumers are investing in a different means of commute, for safety and driving from further areas).  McAfee's IPO will be at $20 range. There is lot of news regarding the election and its impact on the stock market. However, I think we should invest regardless of that outcome and focus on finding a valuable company that we understand its dynamics, and go for a long term investment rather than just swing trade and hope/bet ...

  White House announced that both Republicans and Democrats are doing their best to come up with a stimulus package in 48 hours. However, major stock markets could start the day in their negatives due to economical concerns.  After a 62% increase in Netflix's share in 2020, they are facing subscriber growth challenge which dropped their stock price by 5% in pre-market.  PayPal will allow Crypto trading by next week. GM unveiled its 2022 off-roading electric truck for $112k. Google's response to the Justice Department's antitrust lawsuit: "deeply flawed," and isn't helping consumers of its products. "This lawsuit would do nothing to help consumers. On the contrary, it would artificially prop up lower-quality search alternatives, raise phone prices, and make it harder for people to get the search services they want to use". It worth it to remind ourselves how rich people are simply dumb; 50-cent said: “I don’t care Trump doesn’t like Black people, 62%...

 Today is Pelosi's deadline for Trump to pass the stimulus and that has pushed US futures higher.  Microsoft and SpaceX have joined to bring cloud to space. Nokia will build a Moon based cell network for NASA. $600 plus mobile market in China has split almost evenly between Huawei and Apple. Xiaomi falls third, far from the two giants.  Stocks to watch during this election time: APPN. Let me know what you think. Keep smiling and stay charitable.

  Pelosi set  Tuesday to be a deadline for stimulus deal. And she threatened that, if there is no deal, then there will be no Covid aid until after the election. Consumer spending is showing promising increase ahead of the holidays, although personal income is on decrease. All futures, oil, gold and Bitcoin are higher today. According to Bill Gates: “The fall is going to be worse than the summer.” “All the numbers are ticking up, and that was always a very good chance that as people go indoors and it’s colder, that we would see more transmission.” Uber and South Korea's SK Telecom announced joint venture for the purpose of flying cars. How long can China support the prop-up of the oil market? They bought a lot of oil when the price dropped in Mar. Let me know what you think. Keep smiling and stay charitable.

A narrow stimulus is coming next week. US industerial productions were 0.6% lower in Sep. Futures are higher because of Pfizer vaccine timeline and Sep retail sales impresses with 1.9% gain.  Keep Smiling and stay charitable.

 Yesterday major indexes closed in negatives. Today, futures are under pressures. Investors are convinced that the boost in spending from the Fed will not be in effect until mid Nov, according to Steve Mnuchin. Although that sounds troubling, but there seem to be more into it. Outside of the tech bubble, earnings are questionable. Also, another 898k new jobless claims purred onto the market. Moderna got permission to test their anti-virus on candidates for fast track in Europe. There is hope that Netflix could grow another 21% in short term due to the dramatic change in the world. Uber is finding Lyft to be a challenger to its UberEat after they constructed a deal with GrubHub. City of Toronto has closed a deal with Local Motors to put Olli driverless shuttles in trial as early as Spring 2021. US presidential election's second debate was tossed because moderators had asked candidates to have it in a virtual mode which Trump refused. S&P is behaving very much like it was in 2009...

Main indexes finished slightly in the negatives yesterday however US futures have put some gain this morning. Goldman Sachs's third quarter earning blew Wall Street's expectations with a strong EPS and revenue.  The market seems to have room for one last jump higher before it starts an ugly correction starting before the election. However, bank of America's share dipped as lenders are still under pressure for lower rates. Walmart's Black Friday and Amazon's Prime day are pushing their stocks higher. Buying suggestions (long term hold): FVRR. Let me know what you think. Keep smiling and stay charitable.

While there was a nice rally in the major indexes yesterday mainly because of Apple's event and Amazon's surge, today, Ten year yield and Gold/Silver are lower. Bitcoin is up by 4%. Johnson & Johnson on Monday night paused its trial of a Covid vaccine, resulting in European stocks and US futures taking a hit. OPEC revised down world's economic growth for 2021 to 4.6% and reporting China to be the only country to experience growth; 2%. Europe will have the biggest contraction of all, 7.7%. And the Paris-based energy agency claims that Covid will have a permanent impact on Oil market. Pepsi is becoming a hot buy, being suggested by many sources especially because it's assumed that the election won't impact its trend. Google is planning to deploy vehicles without backup driver to the public in Arizona.  Delta revenu dropped 79%.  Central bank of China will start testing its digital currency in Shenzhen, dispersing $1.5M. BUY SUGGESTIONS: Pepsi, Pinterest Let me kno...

US futures and global markets are raising towards their biggest weekly gain since Jul which is mainly  because of Trump's come back on stimulus trail. Almost 92% of crude output in the Mexican Golf are shut down due to Hurricane Delta, pushing the double bottomed market higher.  Square said, they have invested $50 million in Bitcoin which is about 1% of their assets. Gilead Sciences announced, they would have enough global supply of corona virus drug, remdesivir/Veklury, by end of Oct. Test results shows that, this drug can shorted the recovery by 5 days. Xilinx shares surged by more than 16%, after Advanced Micro Devices announced talks over acquiring it. GameStop entered a multi-year strategic partnership with Microsoft. GameStop will get Surface laptops in exchange for buying Office 365 and Teams. Keep smiling and stay charitable.

 Equites are higher over the optimism that the stimulus deal may still be in play before the election. Major markets in the US went deeper into green during pre-market, including tech, gold, crude and Bitcoin. However, the number of jobless claims filed for the first time went up by 3k. Despite Trump's announcement regarding no more talks on stimulus until after the election, Pelosi is chasing a deal for airline industries which bumped their stocks by 3.5%.  Trump hails Regeneron's treatment cocktail as a cure. We are in a tough economic situation with a pandemic on our back in 2020. However, since 1928, there has been lots of bad situations happening. Wars, bubbles, natural disasters, financial crisis and etc; which has of course impacted the stock market and the economy. But the intresting common theme in all these events was the fact that people wanted a better life which included better services. This has been one of the important factors as a resilience towards a bullish ...

  Yesterday the market was up and down until Trump announced that he won't accept any stimulus package until after the election which resulted in a sell off; more than 1% in major indexes and around 2% in big tech companies. Today, Dow futures and Dollar are up. Gold is under pressure. Oil and Crypto are a bit lower. “I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump said Tuesday in a tweet. Although the president is being very self centered and only focusing on winning the election, without considering the middle-class and those who have lost their jobs, the fact is that the economy recovery according to  Jerome Powell needs this stimulus ASAP. Since democrats are also pushing for it, we the investors, can be rest assured that it's coming no matter which one of these clowns win the election. Demo...

US 10 and 30 year yield rose up to four month high. Oil rose 1% as hurricane hurts US. However US trade deficit rose to $67 billion, third highest level on record. The heads of federal reserve and European central bank will give a talk today (more stimulus).  We have  seen a V-shape recovery in the big tech industry after the pandemic hit the market in Mar. Besides that, past fours years have been great for investors with so many consecutive record highs. Earlier I pointed out the fact that, the stock market ain't the economy with an emphasis on the prosperous look-ahead for the market, however, the bubble created by the packages that the Fed has been printing, specially since early 2019, will have to come and bite soon. Not to mention, permanent job losses, weekly lay-offs, small businesses being crushed and the seemingly inevitable shift of economic power to China, are all reasons why we should trade with an extra caution, at least till the election results are out.  Wi...

Investors fear over Trump's health are easing while stimulus hope lifts Dow futures and European stocks.  Crud is higher on the Saudi news targeting $50. However, US permanent job losses continue to rise. Chevron acquires Nobel Energy for $5 billion. Trump is ready to go back to work after being treated with dexamethasone, Gilead Sciences and Regeneron. WHO fears, 1 out of 10 people may have been infected by Covid. China claims, US bans and India's restrictions on Chinese apps violates WTO regulation. Bitcoin moves slightly higher as SEC chairman praises blockchain. Although Tesla's delivery was higher, stocked tumbled 5%. Investors are also positioning for the possibility of a Democratic sweep in November's election, and the associated impact that could have on the U.S. deficit. While the 10-year/30-year curve has steepened over 30 basis points so far this year, it remains below the near 81 basis points level it hit in June. Let me know what you think. Keep smiling and...

  Last week we the market start picking up until Fri when Trump's Covid positive test hit the news.  US companies added 749k payrolls.  Jobless claim for the last week of Sep reports 837k in US. This was a decreased based on a 4-week moving average.  Fourth quarter growth however could be a positive driver for the market. Microsoft unveils budget Surface. They also partnered with Datadog. Pepsi reported strong earnings.  Tesla's sale rose 44% from a year ago as global demand increased; planning to enter Indian market. Amazon announced, 20k of its employees tested positive for Covid. Walmart sold its British chain Asda for $8.8 billion. Greenbriar investing $500 million in Uber's logistic units.  Japanese computer memory producer Kioxia Holdings Corporation's plans to launch an initial public offering (IPO) will be rescheduled for a later date amid rising hostilities in the tech sector between China and the United States. The firm, reputedly the second-large...

Trump and Melania tested positive for Covid. After yesterdays 150 points gain on Nasdaq; today, futures, Gold, Crude and Bitcoin fell under pressure. However, 661k new jobs were added in Sep decreasing the unemployment rate from 8.2% to 7.9%.  Tesla's sale rose 44% from a year ago as global demand increased; planning to enter Indian market. Amazon announced, 20k of its employees tested positive for Covid. Walmart sold its British chain Asda for $8.8 billion. Greenbriar investing $500 million in Uber's logistic units.  Airlines, cruise lines and oil are the major industries hit after Trump's Covid results were reported.  I believe there was a request to have Trump and Biden to take Covid test prior to their first debate (Trump was pushing the idea for Biden to take the test). The timing of this result looks and feel odd to me. Perhaps they knew the results on the debate night and decided to announce it today (or maybe even way earlier, like when Trump announced the vaccine...