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1. Today’s another big Monday. Look for back and fill. Dow up 460, Russell 2000 up 41, new closing 52 week high. Nasdaq up just under 1 percent. It struggled. S&P 500 up 1.25%. Good day all around on okay volume. Bottom right before the election. We’re getting over bought. Market is optimistic about a vaccine. Moderna is supposedly 95% effective. Markets likes the news. Grid lock is good.

2. Travel sector was up nicely. Airlines up headed by Southwestern and Delta. Even American was up. United up too. Hotels up as well and online travel agents were up. The market is thinking there’s an end to the Covid economic damage. When the vax is released it could be a sell the news event.

3. Gold and silver basically flat. Buffett reduced his Barrack holdings. Bought some big pharma, T-Mobile and Snowflake. Increased BOA, GM, Kroger. Sold out on Costco and reduced a few others. Looks like he’s really into Pharma. He’s been very low key with very few public appearances.
1. Today’s another big Monday. Look for back and fill. Dow up 460, Russell 2000 up 41, new closing 52 week high. Nasdaq up just under 1 percent. It struggled. S&P 500 up 1.25%. Good day all around on okay volume. Bottom right before the election. We’re getting over bought. Market is optimistic about a vaccine. Moderna is supposedly 95% effective. Markets likes the news. Grid lock is good. 2. Travel sector was up nicely. Airlines up headed by Southwestern and Delta. Even American was up. United up too. Hotels up as well and online travel agents were up. The market is thinking there’s an end to the Covid economic damage. When the vax is released it could be a sell the news event. 3. Gold and silver basically flat. Buffett reduced his Barrack holdings. Bought some big pharma, T-Mobile and Snowflake. Increased BOA, GM, Kroger. Sold out on Costco and reduced a few others. Looks like he’s really into Pharma. He’s been very low key with very few public appearances. read more read less

3 years ago