Mottek On Money Special Edition covering Wall Street and Main Street during the pandemic. Today a special focus on the markets and real estate. Stocks rally on the latest earnings news, stimulus talks in Washington and vaccine distribution. The Dow closed up 476, Nasdaq gained 209 and the SP500 settled up 52. The so called Reddit Rally stocks which have seen big gains over the past week moved sharply lower including GameStop which closed down 60%, down $135 to $90. Silver slides 10%.  Oil moves above $55 dollars a barrel for the first time in a year. Amazon's Jeff Bezos announces plans to step down as CEO and will transition to executive chairman of Amazon’s board. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Home prices tick higher in L.A. and nationwide according to a new report on home price growth from Corelogic. The latest on real estate from Economist Dr. Frank Nothaft, Chief Economist at Corelogic and Economist Jordan Levine, Chief Economist, California Association of Realtors.

Support the show: https://www.frankmottek.com