Top Stocks To Short Today As Markets Rise From Vaccine News

Top Stocks To Short Today As Markets Rise From Vaccine News

getty

Stocks rose on Monday to start the week off on a positive note. The Dow Jones rose 220 points, or 0.7%, the S&P 500 gained 0.6%, and the Nasdaq



NDAQ

advanced 0.7%. The small-cap Russell 2000, meanwhile continued to outperform, and surged 1.6% to hit another all-time high. First and foremost, cautious stimulus optimism helped stocks. While Democrats and Republicans still remain deeply divided on certain matters, a bipartisan stimulus plan could be introduced that is split into two parts in order to improve its chances of approval. The $908 billion bipartisan plan would be split into a $748 billion measure with money for jobless and small business and another part that includes liability protections and state aid- the biggest sources of contention between Democrats and Republicans. Additionally, the rollout of Pfizer's



PFE

vaccine in the U.S. finally began today. The FDA is also expected to publish its assessment on Moderna's vaccine this week. Time will tell what happens with stocks, as this could be a market moving week with further stimulus talks, Pfizer's vaccine rollout, a Federal Reserve policy meeting, earnings, and Tesla's