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Fed Speeches, Meme Stock Earnings: Daily Contrarian, Nov. 8
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Fed Speeches, Meme Stock Earnings: Daily Contrarian, Nov. 8

AMC, Virgin Galactic to report after the close today, as Tesla’s stock drops…

Good morning contrarians!

Stock futures are pointing mostly higher so far. Small caps are leading the way, with the Russell 2000 up 0.4%. Dow Industrials are up about 0.2% and S&P 500 futures about 0.1%. The Nasdaq is right around break even. Cryptocurrencies are rallying, with bitcoin up 6% to trade around 65,900. Those numbers as of 0620.

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The daily podcast discusses the major market activity and economic data release schedule for the day ahead, with a contrarian bent. Also includes regular podcast episodes a day (or more) early and without ads or announcements.