To gain an edge, this is what you need to know today.
Please click here for a chart of the federal debt compared to Gross Domestic Product (GDP).
The Congressional Budget Office said that the national debt is now on track to smash World War II record. This is a great reason for the momo crowd to celebrate — they believe the higher the debt the higher the stock market.
‘Lies, damned lies, and statistics’ applies here when counting on funded liabilities. The debt is much greater.
The momo crowd is excited about the new jobless claims data. They bought on the news.
Weekly Jobless Claims came at 881K vs. 915K consensus.
CDC says that a vaccine will be available by November 1. Can you figure out why the vaccine availability date must be before November 3rd? This is creating additional excitement to buy stocks.
Momo Crowd And Smart Money In Stocks
Protection Bands and What To Do Now?
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