Mike Santoli's market notes: Dip buyers are back, Tesla up 19% in 2 days, IPO fever

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020.This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.

The "easy" part of the bounce remains underway. Easy because it shows the indexes lifting from "obvious" key levels but not yet surmounting the first real test. Respectable for sure. Predictable? Maybe. Reliable? Unclear. Combination of pre-Fed upward drift, dip-buyers emboldened by the lack of any macro stress arising from the pullback and the resurgence of hot-money short-term speculators in tech-stock options are keeping things green for now.

Pro FIRE JIM CRAMER

Pro Fire Jim Cramer. He would have never said this to a man.

Pro Fire Cramer. NOW!

Pro When does Cramer get fired?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the real reasons behind Mike Corbat's early retirement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said the same about MLK,slavery,segregation,share cropping ,under paid blacks ,systemic racism but praise white nationalists terrorists who walks the streets with guns.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mike Corbat's memo to Citigroup employees to think differently - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Look at the current chart's for OpenLearning=ASX$OLL you should see that the bulls roared bullish yesterday for OLL. OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀 Motley fool article on OpenLearning=ASX$OLL🚀🚀 Drive it until it breaks?
Source: BusinessInsider - 🏆 729. / 51 Read more »