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:

  1. Powell was optimistic about the economy but didn’t talk about raising rates anytime soon.
  2. Wall Street banks are having blowout earnings.
  3. There was some good news from scientists about the vaccine’s effectiveness on new variants.
  4. 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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