What's going to happen after the $1.9 Trillion Relief Bill Passes?
Not many expect the $1.9 trillion Covid-19 relief bill to pass over the weekend. I was expecting it to be passed during the coming week.
Maybe, we will see this more often with Democrats also the majority in Senate.
Maybe, we will see this more often with Democrats also the majority in Senate.
How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.
For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement for me, unless there is another big drawdown for me to average down.
For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in the last few days. Maybe stocks like:
For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement for me, unless there is another big drawdown for me to average down.
For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in the last few days. Maybe stocks like:
I will do another update on Monday, around Pre-market time to identify some stocks for the intra-day trade. If you like to be updated, do follow me.
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