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...

Tesla usually has a pull back every 6 to 9 month. If the battery reports are anything but great, then it could be the trigger today. Microsoft has plans to acquire video game giants Bethesda's parent company ZeniMax Media for $7.5 billion, to crush Sony. Nvidia buying ARM from SoftBank could make them the most important chip player of the decade, challenging Intel and AMD. Does it worth $40 billion? DOW went down about 900 points at some point yesterday. Crude fell about 4%. But there was a rebound by the end of the day. Although I agree with other blogs that we might be in a bearish situation, but I think when everyone thinks we are bearish it's time for a bullish trend. That's why I believe today the market will finish mixed. Since banks are going to create more inflation in this environment, gold and silver are a buy. After the money laundry news, now there are secret files floating around saying North Korea has been laundering money through American banks. The fourth qu...