By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Stocks > Dow Jones > The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea
2021

The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea

Paul Ebeling
Last updated: January 30, 2021 1:23 am
Paul Ebeling
Share
2 Min Read
SHARE

#Aid/Relief/Stimulus, #idea, #Biden

$DIA $SPY $QQQ $RUTX, $VXX, $GME

“The SEC said Friday that it is evaluating the extreme price volatility of certain stocks’ trading prices warning that such volatility can expose investors to rapid and severe losses and undermine market confidence“–Paul Ebeling

Friday, the S&P 500 tested to it 50-D MA, as it fell 1.9%, its benchmark its biggest weekly decliner since October. The DJIA and NAS Comp each fell 2%, and the Russell 2000 declined 1.6% on the day.

GameStop (NYSE:GME) spiked 70%, clawing back some of its loss from Thursday after Robinhood said it will allow account holders to come beck into the market. GameStop has run up 1,600% run over the past 3 wks and as brigades of small investors battle the Wall Street short-side professionals.

In Europe and Asia we are seeing renewed travel curbs and strong headwinds in Washington over Mr. Biden’s proposed $1.9-T economic aid idea.

Not an idea but a reality: the Fed’s has pledge to keep its petal to the metal to bolster the economy. Historically low interest rates from the Fed are high octane fuel for stocks and other investments.

Friday, the benchmark US stock market indexes finished the wk and month at: DJIA -620.74 to 29982.62, NAS Comp -266.46 to 13070.70, S&P 500 -73.14 to 3714.24

Volume: Trade on the NYSE came in at 1.6-B/shares exchanged

HeffX-LTN’s overall technical analysis for the major US stock market indexes for the wk and month ending 29 January 2021 is Neutral to Bullish with a long-term Very Bullish bias.

  • Russell 2000 +5.0% YTD
  • NAS Comp +1.4% YTD
  • S&P 500 -1.1% YTD
  • DJIA -2.0% YTD

Looking Ahead: Investors will receive the ISM Manufacturing Index for January and Construction Spending for December Monday.

Have a healthy weekend, Keep the Faith!

You Might Also Like

The Corruption of Politicians and Media Lies Are Destroying Society

The Case for Blockchain Efficiencies in Securities Markets

Saudi Arabia Climbs to 2nd in G20 ICT Regulatory Index

Raffles Grand Hotel d’Angkor Named One of World’s ‘500 Best Hotels’ by Travel + Leisure

KXCO Chain: A Scam-Free Blockchain Ecosystem

TAGGED:aidBidenDIADJIAGamestopGMEideainvestmentsinvestorsQQQreliefretailRobinhoodRUTRUTXSECshortSPXSPYstimulusstocksVIXVXXWallStreeWallStreet

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article The Reddit Rebellion
Next Article Gold Demand at 11-yr Lows


Latest News

Knightsbridge Digital Asset: Expanding Use Cases in a Dynamic Financial Ecosystem
AI Artificial Intelligence Bitcoin Blockchain Blockchain for Government BRICS Carbon Credits cefi Crypto DeFI Featured Headline News KNIGHTS Knightsbridge KXCO Must Read Opinion Shayne Heffernan Shayne Heffernan Web3 XT May 21, 2025
China’s Economic Resilience
BRICS Business China China Featured Headline News Opinion Politics Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments May 21, 2025
Qatar’s Innovation Alliance to Boost AI and Semiconductor Ecosystems
AI Artificial Intelligence Generative AI Headline News Opinion Shayne Heffernan Shayne Heffernan May 21, 2025
Saudi Arabia Bolsters Defense Manufacturing with BAE Systems Arabian Industries
Headline News Middle East Middle East Most Popular Politics Saudi Arabia Shayne Heffernan May 21, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?