McAfee, cybersecurity pioneer, to file for IPO. $2.6B revenues. It's too bad John McAfee doesn't run that company anymore. That guy makes Elon Musk and Trevor Milton look like Bert and Ernie from Sesame Street.
Maybe tomorrow the SPX shall collapse non-above 3300 and then we can see about what to do--but if that happens, it could be going into an interesting territory
PLTR just started trading a moment ago when we have less than 3 hours away from the closing bell It is up around 50%
Mnuchin Will Present Pelosi With Second Stimulus Offer Today https://www.forbes.com/sites/sarahh...-pelosi-with-second-stimulus-offer-today/amp/ Could be more volatility ahead especially if there is no deal
Stocks Slide After McConnell Says "Very, Very Far Apart" On Stimulus Bill https://www.zerohedge.com/markets/s...onnell-says-very-very-far-apart-stimulus-bill Still green but we are very far away from the HOD now
BBBY squeezing shorts today; 61% of float is short. Reported earnings this morning, first growth in comp store sales since 2016. Wonder if the take home message is people, social animals, will be desperate to shop anywhere after being shut-ins. Gives hope to physical stores, one of their problems in America was too many physical stores per capita. But when they're scarce, they have a certain appeal?
If the stimulus deal isn’t reached, my guess is those recovery trades will fade hard and the market would need those tech/stay at home stocks to do great to avoid significant pullback Retailers having a very good day so far though