Why the Bid in Spoos?

Dow +3%,Spoos +2.8%Nasdaq +2.8%,Semi conductor index (SOX) +3.5% and XLV ,healthcare ETF +4% The reason is a $7.8B Virus Spending package agreed upon by The Senate,This will have no offset so this is straight Fiscal Stimulus.No reason for spoos to not rally on this information.Biden Campaign says they now have delegate lead after Super Tuesday results have been finalized. Biden now has a 70 % probability of winning The Nomination Uo from 11 3 weeks ago

Italy says will close all schools and Universities till March 17th,4 new cases Announced in New York and Los Angles has declared an emergency after 6 new cases discovered

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.