Democrats sweep Congress. Markets rip.
Trump conceded. That's the clarity Wall Street needed.
Opening bell:
▪️ Dow +1,100 pts (+2.3%)
▪️ S&P 500 & Nasdaq both +1%+
▪️ Oil down, bonds down, dollar weak
▪️ $BTC smashed through $80k
Historical context: S&P rallied after the last 11 midterms since 1982. $BTC has NEVER been lower 1 year post-election.
Question is: local bottom or dead cat bounce?
Trump conceded. That's the clarity Wall Street needed.
Opening bell:
▪️ Dow +1,100 pts (+2.3%)
▪️ S&P 500 & Nasdaq both +1%+
▪️ Oil down, bonds down, dollar weak
▪️ $BTC smashed through $80k
Historical context: S&P rallied after the last 11 midterms since 1982. $BTC has NEVER been lower 1 year post-election.
Question is: local bottom or dead cat bounce?