My sense is that you'll see a few more days of gains as a lot of money managers want to be long the market through the quarter end.
My sense is that you'll see a few more days of gains as a lot of money managers want to be long the market through the quarter end.
It actually isn't a bad day -- it's a good day for techs. I think the most important thing is that earnings season is going pretty well. A lot of this is perception, and the economy may not be robust, but it's not sick. There's certainly a lot of anxiety out there among individual investors.
The CA investigation is an ongoing thing. They've had problems long before accounting scrutiny was fashionable, so the impact of that is muted. There is the sense that the market wants to shrug off the bad news.
© 2020 Inspirational Stories
© 2020 Inspirational Stories