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Showing posts from January 25, 2021

Monday - Stock market's bubble is heating up!

 Stock futures are mixed today with DOW dropping around 100 pints and others earning a small percentage. EU is mostly down due to new travel restrictions. Although Covid cases and jobless claims are still on the rise but it seems the news is trying to keep the market into the bubble with little pieces of news. For instance, vaccine providers are having production challenges but we see news about them being able to handle the new strain. Or, it's been a few month that the market is on steroids  (stimulus package DISCUSSIONS) but the authorized amount is really disappointing. And the major positive news is that, Q4 results are beating expectations while the stock market should grow based on future hope not the past really (otherwise it's still bearish). Shell has invested in electrical charging points by acquiring Ubitricity, to become net zero emission by 2050, lol.  We can agree that there is a bubble at least in a portion of the market. For instance, electric cars or com...