The market was up 530 points today behind extraordinary optimism in economic re-opening and directional good news on a vaccine development (more on both below – a lot on the health side). Futures had pointed to a ~300 point move higher throughout Memorial Day,and the Nikkei in Japan surged over 500 points last night (now back above 21,000). Futures in the U.S. were +500 when I woke up this morning, and the Dow was at one point +700 on the day. We closed just a pinch below the 25,000 level on the Dow
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
