Skip to main content

Posts

Showing posts from November 6, 2020

Friday - The election's cloud is getting clear and investors are back to the reality

 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.