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...