Insights, Delivered Daily.

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.

Ghoulish. Stocks took a turn down giving up gains made on Thursday as nerves were exposed. Earnings disappoint, election discomfort, and virus fears fed the selloff which was led by the once-loved technology sector.

Comeback. Stocks rallied yesterday on the heels of Wednesday’s route. News of a bounce in GDP growth and better-than-expected jobless numbers helped propel stocks higher.