The market continues to frustrate both the bulls and the bears because there really isn’t any certainty over anything. As we pointed out in yesterday’s closing commentary, after a very strong day on Monday due to very good news on the Covid-19 vaccine front, there was no follow through yesterday with all 11 S&P sectors down on fear the vaccine was overhyped. This back-and-forth looks to continue this morning as the S&P 500 (SPX) futures are up a bit over 1%. Trying to figure the market out day-to-day is impossible and why we never recommend making too much out of any one day or one news item.
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.