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Monday, October 12, 2020

Stock Market Is Addicted To Easy Money and the Next “Fix” Is Coming


One Option Trading Blog https://ift.tt/2GX9U4C Posted 9:30 AM ET - The stock market is grinding higher on the notion that a stimulus bill will happen one way or the other. If politicians can't agree on a deal before the election, it will be the top priority for the winner. The market is addicted to easy money and it only cares that the next "fix" is coming soon. Earnings season will begin this week. Profits are expected to decline more than 20% year-over-year, but that is better than the 25% drop that was expected for Q3 a few months ago. Only 69 companies in the S&P 500 …

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