Futures don't mean a thing.
I was disappointed today that the market did not do better than it did. Up only 327 points for the Dow. I expected much more. I alluded to that yesterday (Sunday) and again this morning before the market opened.
After all, we now have a cure for the Chinese flu (Regeneron) and too many vaccines to count (AstraZeneca, Moderna, Pfizer, Russian variant, Chinese variant, and the list goes on) ... and it looks like health care providers will get vaccinated as early as December 12, 2020 .... so I expected a much better day for the market ...
... and then during the day, we got even more good news. President Trump is moving toward a smooth transition for Biden .... he has instructed the deep state, the swamp (the GSA, to be specific) to go ahead with plans for the transition ... so, yes, I was disappointed not to see a bigger day for the Dow.
So, what are futures tonight?
The Dow is up 260 points (10:30 p.m. CT). Futures. [Later: 11:12 p.m. CT: up 286 points, Dow futures.]
But then again, futures don't mean a thing.
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