NASDAQ and S&P are headed towards a higher open this morning, ahead of ADP's employment data for Mar. This is while Wall street's earning forecasts were revised down last week due to bing-spending slowing down with public restriction easing. The good news seems to be priced in the market, while the bad is yet to test the waters. While Pfizer continues the good news, such as the 100% efficacy on children younger than 12 and bringing the hope of school opening from Sep, AstraZeneca seems to be disappointing. This is the continuation of Trump's efforts by pressurizing Europe. Trump's method was a fist fight, going after tariffs such as Germany's auto makers or France's wine. However, Biden's method is more difficult to blame because it's hard to evaluate and monetize the impact of such policies compared to the tariff's war. The propaganda on AstraZeneca has put a lot of doubt on recipient's minds that's obviously going to be painful for EU ...

 S&P hit records high on Fri and this is the last week of the first quarter with a highly prospect economy recovery, which is the tone set by the Wall Street. Although the Suez canal is unblocked but the damage seems to remain for a while which has pushed the oil price higher. UiPath is a robotic process automation technology that has filed for IPO. ThredUp is online business for used clothing and the stock went up from $14 to $20 on the first day. Keep smiling and stay charitable.

 Stock are still under pressure. While NASDAQ has dropped below its recent flatline, DOW has gained a bit. It seems, the summer and the hope for socializing has kept people away from investing. Crude futures gained due to Suez canal blockage continuing to disrupt the supply. Microsoft is in talks with Discord Inc., a messaging platform, to purchase it for around $10B. Xiaomi's shares surged over 8% based on in-house chip development. WeWork has signed a new deal to go public. Keep smiling and stay charitable.

US Stocks are pointing to a lower open this morning, specially S&P. However, better than expected jobless claims and Powell's remark on sustainable debt could be positive for the market in the short term. Suez canal blockage is preventing $9.6B daily traffic. However after a 5% raise in the oil market, it's a bit lower now. Tesla is enabling customers to purchase its cars with Bitcoin. Ford will go all electric by 2026. Keep smiling and stay charitable.

 NASDAQ and S&P500 are hit with another gain in the yield market. Today, equities on Wall Street were higher in the premarket after yesterday's drop in tech. Beijing might be limiting the use of Tesla in China because they are concerned the cameras could send sensitive information to the US along with the owner's personal data. Oil import from Iran to China has surged and there is a chance of sanction for China. this is while Houthis are fighting back Riyadh by attacking oil reserves, due to the saudis oppressions in Yemen. Stocks hit records high on Fed's comments on Wed and then they drop on Thu because investor gave the Fed's statement more thought. It seems the market is in an irrational mode right now and people genuinely don't know where to invest. However, the data shows that the stimulus money won't be gambled on the like of GameStop but rather it will be spent on traveling. Let me know what you think. Keep smiling and stay charitable.

 DOW is lower this morning due to 3% decrease in retail sale. NASDAQ is edging higher this morning.  industrial production was down 2.2% in Feb, compared to previous month. Market is adjusting based on what is needed in 2021 rather than the hyped stocks dues to Covid. Keep smiling and stay charitable.

The futures are pointing to a higher open on Dow and S&P this morning, with NASDAQ to continue being under pressure.  Bitcoin hit another record high at $61k this weekend but currently lower by 5%. More than 60% of fund managers weren't able to beat S&P's performance last year. Apparently such big number has been happening for nearly a decade, which should make a lot of us proud of beating these levels on yearly basis. Specially we shouldn't get into the feelings of bothering ourselves about not investing more or why we didn't catch a perfect low or a high. A consistent gain is perfect enough. Let me know what you think. Keep smiling and stay charitable.

NASDAQ futures continues the downwards trend with futures to be lower due to the rise in bond yield. Treasury yield rose after the stimulus package was approved. Also Biden announced tht all adults will get the vaccination by May and outside gathering could get an ease by Jul. US producer prices are on the rise indicating an inflation.  It seems we can safely get back to the investing, however tech related stocks should have direct relation with people starting to go out and perhaps traveling. Smaller business could get a boost. Keep smiling and stay charitable.

 DOW and S&P had gains while NASDAQ has been selling off. However, today after the inflation reports of 0.4% it has rebound around 3%, pointing to a higher open this morning. Bitcoin has climbed back to over $55k. it seems the deep buying in tech has been in play, but this could still be a short term gain since the market seems to be in a bubble. Keep smiling and stay charitable.

  US indexes are pointing to a lower open this morning with NASDAQ having lost a 100 points. The main focus of the investor was the stimulus package, which was passed. EU on the other hand has opened higher due to better vaccination output and their investor confidence index was higher than expected. Crue oil is 1% higher after drone strike on Saudi's Aramco. Dugecoin is still rising based on Elon's tweets. EU approved the $7.5 billion deal between Microsoft and ZeniMax Media.  As the readers of this blog, you have been waiting for this downward trend like me. I had predicted that, Stimulus package is awaiting the fall  on Dec 8th, and a few other posts related to the current bubble. But now what? I was hoping that this trend would be short-term and we could get into a reversal soon. However, today when I saw oil going higher, with military involvement in the middle east, it made me think that the West is back to old tactics again, maybe due to lack of options (no more st...

 Equities are trading lower in US market this morning. This is mainly die to the jobless claim of 745k Americans. Powell will give an update on the current economical situation today. It seems all the stocks related to the stuff you didn't get to do in 2020 are bullish now. On the other hand companies that you were forced into like Zoom and Netflix are loosing the momentum. Keep smiling and stay charitable.

US indexes and stock futures are pointing to a higher open this morning. This is because investors are hoping that ADP will release good news on employment data. Also Biden announced that they will have enough vaccine for all adults by May. Gold and silver lost momentum due to the gains in the treasury yield. Keep smiling and stay charitable.

 DOW, along with major indexes, dropped this morning after yesterday's rally. This is because WHO announced that Covid won't be ending in 2021. Oil fell 1% before OPEC's meeting. It's expected that the production will rise, since oil prices have cached up since the pandemic. Warren believes that Bitcoin will implode and will end badly because it's only based on speculations. SoundCloud will launch user-centeric payment system. The stock market doesn't have to be aligned and in the same direction as the economy. But, it cannot totally ignore it or a bubble will shape. The market has only been rising since summer with almost no corrections within itself, leave alone the fundamental economical situation. The Fed has promised to keep things intact, meaning that they will keep printing money to keep the market propped up. The way the latest stimulus package was released proves that they cannot afford to keep printing money anymore, at least the way they did since 201...

 Stock futures are higher this morning since the focus from the inflation has shifted towards short term gains. This has been entertained by the J&J news on single shot effectiveness. Oil prices rose over 1% after house representatives passed $1.9 trillion as Covid relief.  Accenture acquired British leadership and talent Consultancy Cirrus. Maybe lack of new on short term and long term prospect these days could be market negative. Let me know what you think. Keep smiling and stay charitable.