Omicron Optimism  

Please click here for a chart of  & 500 ETF () which represents the benchmark stock market index & 500 ().

Note the following:

  • Many people with the exception of the momo crowd in the stock market would agree that the world would have been better off without omicron. But the momo crowd has a different playbook.
  • The chart shows that based on the gain in the premarket, the stock market is now higher than it was on the day omicron news broke.