Three Red Flags Money Managers Are Watching For In 2021

Three Red Flags Money Managers Are Watching For In 2021

3 Red Flags



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Investors and traders responded to the inauguration of President Biden and the peaceful transition of power by boosting the stock market. The S&P 500 was up 1.4%, as some of the high-tech giants broke out of their trading ranges. According to Bloomberg, it was the “best first-day reaction to a presidential inauguration since at least 1937.”

GOOGL & NFLX



TomAspray - ViperReport.com

The daily chart of Alphabet (GOOGL) shows the sharp rally on Wednesday, and those prices held through Friday, closing up 9.6% for the week. Netflix, Inc. gained 17% on Wednesday, as it beat projections on earnings and revenue, while adding 8.51 million subscribers.



So far the earnings reports are fulfilling the expectations of traders and investors. The calendar is heavy this week, as Apple, Tesla, Honeywell, Microsoft, and General Electric are just a few of the companies reporting.



Markets



TomAspray - ViperReport.com

It was not surprising that the Nasdaq 100 Index ($NDX) led the market higher, gaining 4.4%. The S&P 500 ($SPX) was up 1.9%, and the iShares Russell 2000 (IWM) was not far