Three of the four major indices are lower this morning in the wake of the opening bell.  Stimulus talks continue to be encouraging, but we still can’t seem to get over the goal line there.  Despite the fact that it’s been nearly ¾ of a year since we last approved some form of relief/stimulus, the market continues to get excited every time these talks seem to heat up.  One has to wonder how much of the proposed $900 billion package is already priced in. 

We also have more news on a significant hack to SolarWinds that effected several high profile users like the US Treasury and the US National Nuclear Security Administration.  It is believed that the upwards of 18,000 users were affected by the hack.  Of those, the hackers have pursued seem to have focused on about 40 including the previously mentioned government agencies and Microsoft. 

E-mini S&P 500 Mar ’21 Daily Chart
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Bill Dixon

Senior Market Strategist

Bill began his career working with a firm of technical commodity traders specializing in the treasury and metal markets. In 2006 he moved over to Lind-Waldock as a broker. Bill joined RJO Futures in 2011.

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