To gain an edge, this is what you need to know now.
Buying Continues
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- In the Morning Capsule, we shared with you optimism from Tesla (TSLA) earnings.
- The chart shows the market moving up in the premarket from enthusiasm over Tesla earnings.
- The massive buyback announcement from oil major Chevron (CVX) is adding to positive sentiment. Chevron will buy back $75B of stock or about 20% of its outstanding shares.