Yesterday a major sell program came in during the afternoon and knocked the market back. So far today that is forgotten. We have seen a lot of good news:
- Powell was optimistic about the economy but didn’t talk about raising rates anytime soon.
- Wall Street banks are having blowout earnings.
- There was some good news from scientists about the vaccine’s effectiveness on new variants.
- Retail sales are expected to be massive.
And, Coinbase is rallying.
Markets have been a bit shaky the past couple of days on the J&J news and the sell program yesterday, so a rally today wouldn’t be unexpected.
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