What to watch today: S&P 500 set to start August higher after six straight monthly gains

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U.S. stock futures rose on the first trading day of August after six straight monthly gains for the S&P 500.

want to pass the infrastructure bill alongside a much larger go-it-alone $3.5 trillion budget reconciliation package. conducting emergency cash-conservation steps on Monday to avoid busting the federal borrowing limit after a two-year suspension of the debt ceiling expired at the end of July. That should buy Congress enough time to raise or suspend the debt ceiling. The alternative would be a never-before-seen default on U.S. debt. Monday after a federal moratorium expired over the weekend.

The delta-driven increase of Covid infections around the country is being felt particularly hard in Florida. A day after recording the most new daily cases since the start of the pandemic, Florida on Sunday set more than a year ago, before vaccines were available. The latest seven-day average of new daily infections in the U.S. increased 54% from a week ago.

 

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Michael Burry Warns Retail Traders About the 'Mother of All Crashes'

MorganStanley is predicting StockMarket crash!

GoldmanSachs is getting ready for StockMarket crash by dumping their stocks to retail bagholders -

This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2020 annual reports, $FB $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all - overvalued by 1,257% compare to IntrinsicValue!!!

Things that don’t matter Low volume FTD failure to deliver TA Repo Payment S&P MACD Positive earnings VWAP crossing SEC & DTCC going after criminals Naked short selling SOFR What matters *We own the float amc gamestop stocks

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