Dow futures jump 200 points on better-than-expected Goldman earnings, stimulus hopes

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Earnings kick into high gear this week, along with JoeBiden's inauguration means there is a lot for investors to try to digest. michaelsantoli explains what to watch.

Shares of Goldman jumped 2.7% in premarket trading after

"We expect investors will look through 4Q results and focus on company commentary about the trajectory of recovery in 2021," David Kostin, Goldman's head of U.S. equity strategy, said in a note. "As investors look to 2021, policy remains a key driver for corporate profits." "Neither the president-elect, nor I, propose this relief package without an appreciation for the country's debt burden. But right now, with interest rates at historic lows, the smartest thing we can do is act big," said Yellen in prepared remarks. "I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time.

Dr. Rochelle Walensky, President-elect Joe Biden's pick to lead the Centers for Disease Control and Prevention, said Sunday that she's confidentThe move in futures comes after

 

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JoeBiden michaelsantoli And more and more people on your program and on Bloomberg saying market is overvalued every day.

JoeBiden michaelsantoli

JoeBiden michaelsantoli Thank You Joe Kiernan and Rick Santelli for helping to elect Joseph R. Biden as President. Your crazy antics are Greatly appreciated :) Keep Up the Great Work

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