Looking at the various events of the week that revolve around the approaching general election, the renewed hopes of a new stimulus package, and now the sudden announcement of President Trump testing positive for Covid-19, there is a lot this could mean for an already volatile market. ETF Trends CEO Tom Lydon spoke with Kelly Evans on CNBC, along with Ron Insana, Senior Advisor to Schroders North America, about the tech space, the lack of a clear trend, and what that could mean, based on current data.
Something notable right off the bat pointed out by Lydon, is how despite the announcement regarding Pres. Trump, the Dow is still positive. It shows how while the stock market is not insensitive, the significant things going on in Washington D.C. are not having as large an effect on the market as the underlying areas.
This indicates that, while close to another earning