nodealbrexit
Commenting on the final deadline for a brexit deal and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Stocks React To COVID HeadlinesStocks continue to react to the latest COVID headlines in a bullish fashion, confirming the strong buying pressure on the Street. Investors had plenty of short-term ‘excuses’ to get out of risk assets this week, but today’s rally confirmed that there are still more players accumulating stocks thanks to the improving long-term economic outlook. The key sectors continue to diverge in the hectic environmen...
ValueWalk
Commenting on a no-deal Brexit and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The major indices are all trading slightly lower at midday following yesterday's broad-based rally to new all-time highs on Wall Street. Reopening stocks showed strength compared to stay-at-home issues in early trading, helping the S&P 500, Dow, and the Russell 2000 to new records, but the benchmarks all faded as the session progressed. Treasury Secretary Mnuchin put forward yet another stimulus package, worth $916 billion after the two parties failed ...
ValueWalk
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