The stock market got off to a better start in October, after ending the prior month in a sea of red. The three major U.S. indexes all posted their second straight day of gains on Tuesday, with the S & P 500 posting its best two-day gain in roughly two years, while the Dow Jones Industrial Average and the Nasdaq Composite jumped more than 3%.
"A lot of [this money] is going to go to a company like Microsoft because they do commercial and retail businesses. These two come together at a time like this, it's really going to drive revenue higher and you're finally buying it at a price point that is fairly reasonable," Blancato said. He also likes Costco for its "tremendous e-commerce penetration." The online platform now has 65 million members and is growing 11% year-on-year, according to Blancato.
Dead Cat Bounce…..don’t waste your bullets on a dead body.
Lots of flip flopping recently on the morning broadcast
Lol
Not so fast. Futures down big.