Dock Treece

Dock Treece Monday August 24, 2020


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Monday (without Fred, we'll see how this goes), stocks were up Friday with the NASDAQ and the S&P 500 hitting new all time highs. Five stocks in the S&P are responsible for almost all the gains this year.
Existing home sales report came out Friday and sales soared. Some are starting to wonder if the real estate market is getting over heated. Is it possible that the housing market has a lot of room to run? Article attached.
Futures are up this morning mostly because another corona virus treatment has been approved by the FDA. Every time we get good news for a corona virus treatment we get a stock rally.
If you test positive for corona virus and have no symptoms does it matter?
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Dock TreeceBy 1370 WSPD (WSPD-AM)