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Showing posts from November 17, 2020

Tuesday - Will Dow Jones set a record high today?

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.