thanksgivingday
For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: Thanksgiving came early this year – on the Fourth of July, as we celebrated a four-day weekend after the market soared by double-digits (+16% in the S&P 500 and twice that in the NASDAQ) and we avoided that dreaded recession that experts said was 99% certain. What’s more, we really could have celebrated July 4 three weeks ago, since June 21 was America’s 235 birthday as the oldest surviving constituted democracy in the world. June 21, 1788 was the day when nine of the 13 original colo...
ValueWalk
Commenting on the free of COVID infections spreading during Thanksgiving and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreCOVID Infections Could Spike During ThanksgivingThe major indices are all trading lower at midday following a choppy but active morning session on Wall Street. The S&P 500 and the Dow both pulled back in early trading after hitting new all-time closing highs yesterday, but they remain just a tad below their record levels despite the mounting worries regarding the short-term economic outlook. The U.S. COVID pictur...
ValueWalk
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