Shesa's February 2021 Investment Blog
FEBRUARY 2021 - INVESTMENT BLOG By Shesa Nayak U.S. Stock Market Update The stock markets have been going up after the U.S election. All the stock indexes have hit new all-time high this week. If past history is any evidence then we should see about 20% return this year because in the first year of Democratic presidency S&P 500 has gone up by 19.4% dating back to 1932. The $1.5T stimulus debates keeps going in congr ess and stock market continues on a track higher. The democrats have targeted to get the stimulus done by the end of February. However, the economy is still not in a great shape but it’s getting into a recovery mode. The fourth quarter earnings are in progress, most of the big technology companies like Apple, Amazon, Facebook, Microsoft, Google reported spectacular earnings. About 75% of the S&P 500 companies have already reported earnings and looked very impressive, 80% of these have reported earnings surprise and 78% repor...