The S&P 500 has *averaged* gaining 9% per year since 1950. If every calendar day was created equal, we'd see annualized returns of roughly 9% for every calendar day. But note that every day from the 19th through the 25th falls short of that 9% return, per http://EarningsBeats.com.

Tesla is finally part of the S&P 500. And now its giant daily moves will play a major role in the daily close of the overall index. There are just four stocks with more influence:
Apple 6.7% weigh
Microsoft 5.3% weight
Amazon 4.4% weight
Facebook 2.1% weight
Tesla 1.7% weight

The debate over free speech will make its way into the courts, but it will never be properly debated in the public square. It's up to us as free-speech-loving Americans to continue to stand for the First Amendment. That's good for freedom and certainly good for the markets...

Yesterday, US markets shrugged off President Trump’s second impeachment and focused instead on a report that President Joe Biden will unveil a new $2 trillion stimulus program later in the day.

Although I am a financial commentator, I do need to express that we need to address the disenfranchisement of those that have felt voiceless for so long, or they will be pushed off even further, or never addressed at all.Lawmakers and the next administration need to address this.