as this month's rally in beaten-down value stocks continued to pick up steam amid positive vaccine news and hope for a strong economic recovery.
Investors continued to add exposure to beaten-down value names on Tuesday. The iShares Russell 1000 Value ETF gained 1.9% and outperformed its growth counterpart, which advanced 0.9%.that the Trump administration is making federal resources available for his transition into office. Stocks were coming off a strong session on Monday piled into reopening trades amid vaccine optimism. AstraZenecaJoe Biden will nominate former Federal Reserve Chair Janet Yellen to be Treasury Secretary
"I think this is a strong sign that Biden will be focused on rebuilding the economy vs. pursuing aggressive regulatory policy," said Ed Mills, Washington policy analyst at Raymond James. "She will be an effective voice of more fiscal support vs. someone who was seen as a partisan ... I would say that is a positive development for the market, but more importantly for the economy as a whole.
Due to increasing Covid-19 cases especially in Eu and Us the gap between markets and real economy keep widening. Estimated and expected numbers keep rising whereas vaccine news coming from serious companies and gives hope to people for the future but not enough yet DangerousGap
That is called the Biden bump
Thank you President realDonaldTrump !💥
Biden fueled boom to markets
som3thingwicked Blame Trump.
I was so excited when I checked on my account balance and saw my payment of $25,500. What a boost! TradewithKEN thank you so much for your trading tips and coach.
The market likes Joe
So now?
Thank you, President Biden!
BonginoReport Thank u president Trump
Can we call this by its real name bidenrally?
A Biden Rally .
See! Thank you Trump! All you had to do was concede!
Merrill brokerage is down
It'll crash.
Thank you Joe Biden!
BonginoReport This is great and all, but everyday I’m seeing more small businesses being forced to close. Guess we’ll be eating and shopping at chains from here on out.
Remember trump took credit for the rise in stocks back in 2016 before he became president. Same rules apply.
This is a Communist Joe Biden China plot to break the American will to service, This is the Communist Way! No Money No Guns No will to survive! After you are break you will see the stimulus checks, Now Gov controls people. COVID-19 is the weapon of choice nice & clean!
Magical thinking in financial sector. WallStreet disconnected from reality of national lockdowns in Blue States.
realDonaldTrump The world loves BIDEN and he won by a record 80 Million votes to your 73 million. Stock market is highest it's ever been....breaking new records. Everyone is happy that your done.
som3thingwicked Guaooooo thanks realDonaldTrump POTUS 🥳🎉🎊
Someone predicted that would be the worst financial market history after leaving the Head of Office 🤷🏾♂️🤷🏾♂️😎😎
BonginoReport Thank you realDonaldTrump !!!!
Meanwhile millions are out of work and an avalanche of evictions are coming in January. Just shows Wall Street has little to know correlation on what happens on Main Street.
bideneffect
BonginoReport The Obama economy FINALLY taking effect. MAGA
Because of our Prez Elect
Millennials love it when guests come on the show and say things like 'great question.' They were taught that from their grade school teachers.
The Dow loves the certainty of the Biden presidency.
itms bryanitms said to short tech many months ago and have caused many to lose there savings
You won’t see news like this after Biden is inaugurated.
Why red? Make it green!
somewhat amused the video does not include the DOW hitting 30,000
Market loving president elect Biden
Thanks, President Obama.
Thank you president trump!
Hey realDonaldTrump, Dow 30,000! Thank you JoeBiden 🥳🥳🥳🥳🥳
Wait until Trump is out of office and the FED pulls the plug on all the money they pumped into the economy and stock market to artificially inflate it.
good
Proof that Trump had NOTHING to do with the markets rising
Why invest in bonds when you can get the whole year’s return in 1 day in stocks 😂🤣🚀😜💰
The Trump Market continues to sore... Will Biden end up sending it crashing when he takes the controls?
Is the cliff near? NAHHHHH!
Another Trump win!
Trump does it again!
Biden powered!
It’s the Biden/Harris competent normality surge !!!
But realDonaldTrump kept telling us electing Biden would make 'the economy crash'. Are you telling us he lied or was wrong about something for once in his life? /s
What’s good for the goose is good for the gander
TRUMP AMERICA!!
Thank you, President realDonaldTrump
thanks biden!
All it took was global pandemic and zombies rising
Does this mean that I get decent healthcare and a retirement plan now?
The world should stop accepting US Dollar. Trillions being thrown around like it's loose change and they are buying assets all over the world using this garbage paper (USD). The world should wake up to this scam and stop selling themselves to the USA.
BoxingSharp
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