Risk aversion is keener early this week as Covid-19 infections are on the rise in Europe and in parts of the U.S., prompting new worries about businesses locking down again. The death of Supreme Court Justice Ruth Bader-Ginsburg has shifted focus away from Congress providing a new stimulus package for U.S. citizens and businesses. U.S.-China trade and political tensions continue to run hot. And many in the marketplace believe the U.S.
presidential election results will be disputed and protracted. All of the above may well keep stock market traders in a dour buying mood right in the middle of a time of year that history shows stock markets can get very wobbly. The U.S. stock indexes have seen their near-term price uptrends negated and prices are now starting to trend lower. Stay tuned!– Jim