US Farmers had their third bail out ($14 billion). The funny thing about it is that China has major farm lands in US; so much for the China deal! As long as federal reserve keeps printing, this paradigm will get applied to other industries too; i.e. airlines.
Trump blesses Oracle's TikTok, leaving Microsoft a looser. Snowflake IPO doubled this week; for those who could get on the initial deal though, not us. I think we should wait a bit for SNOW to drop before riding it. Similar case for Unity Software Inc (U).
Biden's chances for a 2021 presidency is growing; currently ahead of the Donald. Saudi building the city of future, the Neom.
Let me know what you think.
Keep smiling and stay charitable.
Hi,
ReplyDeleteI migrated here from Surjit’s blog. I like the fact that you’re posting daily. Hopefully we can get some fruitful discussions going as more people continue to join. I guess what really attracts people is the prospect of getting immediate short term suggestions on market movement so they can make a quick buck. I’d like to be in for the long haul but these are some choppy waters.
I have not heard from any experts in a while so here’s my 2 cents. The VIX seems to have broken through and holding steady below the 100 dma. I think we’ll have an up day tomorrow and possibly day after before another rejection from 11000 by the end of the week.
Hi Chin, I appreciate the move.
DeleteThat's my intention too; to have a quick read for followers, on daily basis, and have a confident view on what's going on before the market opens in north America.