Notice: To view this week's big picture outlook, click here. What Happened: As President Donald Trump moved to sign into law a $2.3 trillion pandemic aid bill, U.S. index futures auctioned to record highs. What Does It Mean: Friday's session found responsive selling surface near the $3,691.00 S&P 500 profile level. Since then, participants initiated past the level with conviction, and took out the $3,724.25 prior all-time high, before auctioning back into range and finding acceptance near $3,720.00.
Market Commentary For 12/28/2020
Market Commentary For 12/28/2020
Market Commentary For 12/28/2020
Notice: To view this week's big picture outlook, click here. What Happened: As President Donald Trump moved to sign into law a $2.3 trillion pandemic aid bill, U.S. index futures auctioned to record highs. What Does It Mean: Friday's session found responsive selling surface near the $3,691.00 S&P 500 profile level. Since then, participants initiated past the level with conviction, and took out the $3,724.25 prior all-time high, before auctioning back into range and finding acceptance near $3,720.00.