Wow, what a day. The SkyNet BuyBots started pushing stock higher in the overnight futures session and didn’t stop. There was a brief pause when FedHead Jerome Powell announced changing the word “strong” to “solid,” telegraphing to the world that the low interest rate party isn’t over quite yet. The BuyBots went berserk. sending stock soaring. The DJIA jumped 425 points (1.7%), and the NASDAQ rocketed higher by 155 points (2.2%).
Stay tuned as the battle of the SkyNet StockBots continues!