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More Buying On Delta Variant

Please click here for a chart of Nasdaq 100 ETF ().

Note the following:

  • There is more buying on the spread of the delta variant.  Here is the prevailing wisdom the stock market has adopted:
    • The more the virus spreads, the less likely the Fed is to start tapering.  If the Fed continues to print money at the present rate of $120 billion a month, it shows up in real estate and the stock market.