DOW gained 300 points yesterday. Everything was mainly unchanged except for Crypto which saw a good gain through algorithmic buyings, since the volume was low. Home sale data was better than expected. Although another 870k people applied for unemployment, but we are not that far from all time highs, however, 50 day MA failed to halt the retreat in US benchmarks and now investors are eying 200 MA. Democrats are proposing $2.4 trillion stimulus to white house and the republican senate. Some economists doubt more funding for this year.  Trump in his speech mentioned that the vaccine will be out earlier than expected. Maybe Oct? Amazon announced its new gaming service, Luna Controller. Spotify patterned with Chernin Entertainment to adapt podcasts streamed on its platform for film and TV. Deliveroo, a UK based food delivery startup that is backed by Amazon, is exploring an IPO by 2021. ChargePoint Inc., an electric charging point network, announced its initial public offering pl...

Futures and stocks rally on dip buying. Oil resumed decline due to restriction concerns and increase in Covid19 cases. Crypto Index is up about 66% in 2020, exceeding gold’s jump of more than 20%. Although Gold had a fantastic run but it has lost steam lately. There was so much hype on Tesla's battery day, even Elon tried to play it down before the event. Later Musk promised deliveries in 2020 would be up by 30% and plans to make its own large battery cells to make $25,000 full self-driving car by 2023. Walmart partnered with drone services to start delivering COVID-19 test kits. U.S.-China relations remain a risk for markets, with Trump accusing the country of "allowing flights to leave China and infect the world.” Although Nike's sale didn't grow, it returned to profit and the stock rallied. Revenue was far better than expected and Wall street was bracing for lower sales. The social optimisems soon gave way to pessimism, as Saudi economic reforms stalled, while youth...