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Tag: twin win

Democrat’s twin win in Georgia propels stocks higher

January 8, 2021January 8, 2021 by Bill Schmick

If you thought stocks couldn’t go much higher, you haven’t looked at the averages this week. January has started off with a bang in more ways than one. Can it continue? Some traders are crediting the action in financial markets this week to the Democrat’s twin win in Georgia’s Senatorial elections. Small cap stocks led the charge, as did industrial, materials, energy, financials, and other cyclical plays. The outliers that interest me also gained ground. Marijuana, clean energy stocks as well as bitcoin saw higher highs as investors bought equities that stand to benefit from policies favored by all three…

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