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Almost Is Not Good Enough

Almost is not good enough. Stocks slipped yesterday, missing an opportunity to rise above break-even as lawmakers take a long weekend break to contemplate their lack of progress on a stimulus package. Unemployment showed some signs of a turn-around but it was not enough to rouse the market bulls.
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99 Days Later

99 days later. Stocks rallied yesterday going from lows to almost-new highs in just 99 days. The cost of living is ticking up which is encouraging for stocks but not so much for consumers.
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Chemical Reaction

Chemical reaction. Stocks gave up ground yesterday, pulled down by tech shares in a day of mixed news. Russia claims to have a vaccine, despite a lack of broad trials, small businesses are optimistic about hiring in the future, producer prices tick up, and Congress continues to sleep on the job.
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A Win Is A Win

A win is a win. Stocks rose in yesterday’s session as investors cheered the President’s weekend executive orders to extend benefits. Whether legal or not, investors liked the progress and hoped that Congress was paying attention.
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Slow Work

Slow work. Stocks eked out some gains on Friday amidst a stronger than expected employment number. Stimulus talks in DC stalled once again leaving investors on edge.
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Dancing On Bytes

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When You Wish Upon A Star

When you wish upon a star. Stocks rose in yesterday’s session on positive earnings, amongst them was Disney, saved by its new streaming service which made up for lost parks revenue. Lawmakers are making some progress on a new stimulus bill, but the going is slow, slow, slow.
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