GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

A shot in the arm. Stocks had a mixed close yesterday as Monday’s positivity flowed into a second day of value buying. Capital flowed from pandemic-vaunted growth sectors into pandemic-shunned value sectors.

Dusted off the cobwebs. Stocks blasted off yesterday in response to Pfizer’s announcement that its phase 3 vaccine trial was 90% effective. Some cautious finality on the Presidential election added to the bullish sentiment that drove stocks up yesterday.

Here, there, everywhere. Stocks ended the week mixed as investors awaited some finality on the Presidential race. The labor market had a strong showing in October and investors wonder if the trend will continue with new COVID surges.

Surfing the waves. Stocks jumped for another session yesterday as investors assessed all of the possible outcomes to the election and decided, all were good. The FOMC met and made no changes to policy.

The great divide. Stocks rallied big yesterday as new theories about a split Congress drove the bulls. The services economy continued to expand in October, according to the latest PMI numbers, out yesterday.

Low visibility. Stocks ran up once again as voters took to the ballot box. Investors are hoping that the economy will get back on its feet soon… no matter who ultimately wins what.

Coda. Stocks surged in yesterday’s session as the US hunkers down for today’s historic election. Continued recovery in manufacturing was cheered by stock investors who bought recovery stocks and shunned the pandemic darlings.