A rollar coaster. Europe turned green on US open and the DJIA pushed higher after new housing data showed a 44% record monthly gain in pending home sales. The estimates-topping economic data helped assuage fears over the economic damage from the pandemic.
Gains from every sector were evident.
BOEING up 12% because airplan production is starting soon as Monday and despite major cities like califorrnia renetering early stage lock downs with bars/diners shutting down. Markets are shrugging it off and looking forward.
complacenc or monthly window dressing is holding everything together. Either way, this week looks to be more interesting.
A rollar coaster. Europe turned green on US open and the DJIA...
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