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20Jul2021 Market Close: DOW Closed Up 550 Points, Reclaiming Much Of The Lost Ground From Monday, Nasdaq Up 1 6%, WTI Crude Fractionally Higher 67 46, Bitcoin Steady At 30000

During his press conference yesterday, Biden admitted that he chatted to Powell (about The Fed s independence ) yesterday. Are we seeing the result of that today? All major equity indices suddenly exploded higher as the cash market opened with Small Caps the most ridiculous followed by Nasdaq and the S&P, all of which erased yesterday s losses. Some selling in the last few minutes took the shine off an otherwise perfect squeeze higher, with the S&P falling back into the red from Friday. There was barely any net selling pressure today. this is one of the wierdest intraday TICK charts we have seen.

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21Jul2021 Pre-Market Commentary: US Stock Markets Are Expected To Open Higher, DOW Up 162 Points, Nasdaq Down 0 1%, WTI Crude Fractionally Higher 68 32, Bitcoin 31500

21Jul2021 Pre-Market Commentary: US Stock Markets Are Expected To Open Higher, DOW Up 162 Points, Nasdaq Down 0 1%, WTI Crude Fractionally Higher 68 32, Bitcoin 31500
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