Investors Have Never Been This Optimistic

The Nasdaq snagged a record close yesterday

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Schaeffer's Opening View
6/23/2021
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Stock Futures Set to Continue Strong Week


By: Laura McCandless

Stock futures are poised to add to the broad market optimism this morning, after yesterday's comments by Federal Reserve Chairman Jerome Powell quelled inflation fears and lifted investor sentiment. Dow Jones Industrial Average (DJI) futures are firmly in the black before the bell, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures inch higher as the Nasdaq looks to build on its record close. Big Tech will be in the spotlight today, as the House Judiciary Committee will debate six bills aimed at the sector. Elsewhere, Bitcoin (BTC) is on the mend this morning, reclaiming the $30,000 level.

Continue reading for more on today's market, including:

  • Is there such a thing as too much investor optimism? Schaeffer's Senior Quantitative Analyst Rocky White finds out.
  • Call traders can't get enough of FuboTV stock
  • Plus, Shake Shack eyes China; WGO rises on upbeat results; and Microsoft stock's major milestone. 
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