Stimulus Time Bomb

Nancy Pelosi claims a stimulus deal is approaching very soon, and the conversation is being held today around 2 pm EST., reportedly. Last time there was a stimulus talk, it fell through, and the market fell with it. However the market tends to run up before the conversation occurs, so expecting the overall market to rise high in the first few hours of trading is not an irrational expectation. Should the conversation result in a stimulus package for Americans, which I believe it will, the market could see a nice bounce at close, riding the high into Wednesday’s session.

-Darnel Shillingford

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