Market is UP today after futures showed a drop.

[brooklynite]

I wonder why......

[unblock]

1. futures were up even higher last night.

i guess...

last night = we're bailing out SVB.

this morning = no, we're only bailing out SVB's depositors

later = maybe they'll rethink raising interest rates a ton in the face of bank failures....

[WarGamer]

2. Actually futes were up nearly 2% overnight, dipped in the morning before open

But it was obvious today would be green.

The market likes bailouts.

[roamer65]

3. Interest rate hikes are done for the foreseeable future.

Wall St likes cheap Fed money.

[unblock]

6. Market still sees a likely .25% hike

But point taken, it's now much easier to see the hikes coming to an end soon.

[roamer65]

7. One more bank failure and they will halt.

[DFW]

4. Not only that

The Euro is up a full cent over the dollar from Friday, and gold is up about $50 an ounce!!

If someone can make heads or tails of that, they must have a bigger crystal ball than I do.

[roamer65]

8. The markets know we are going to create a lot more dollars.

The dollar is going to fall further.

I’ve been dumping dollars for gold for the past year pretty heavy.

21214.

[Gore1FL]

5. NASDAQ finished up. Small Caps tanked hard. nt