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Wednesday, October 21, 2020

A Pre-Election Stimulus Bill Is All That Is Keeping the Market Afloat


One Option Trading Blog https://ift.tt/3jiMFj0 Posted 9:30 AM ET - Yesterday the market tried to recover some of the losses from Tuesday, but it finished near its low of the day. Investors are monitoring every word from Nancy Pelosi and Steve Mnuchin. The stimulus bill negotiations continue and "progress is being made". The negotiation could be lip service and an agreement needs to be reached by Friday if it is going to be approved before the election. Earnings season will kick into high gear next week and that will keep buyers engaged. Regardless of which party wins, a stimulus bill will be the first matter of …

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