Stocks Jump on Election Day

It’s Election Day here in America. Of course, it may take a long time until we know who actually won. Turnout is off the charts. We may have more than 150 million ballots cast before we’re done.

I’ll skip any political prognosticating, but Wall Street seems to be in a happy mood today. The Dow has been up close to 700 points. Tech, financials and industrials are doing particularly well today.

Shares of Trex (TREX) are flat today despite yesterday’s impressive earnings report. No Buy List earnings today, but Ansys reports tomorrow.

The Fed begins its two-day meeting tomorrow. There will be one more meeting later this year.

Posted by on November 3rd, 2020 at 12:37 pm


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