Equity Futures Surge Off Weak Open After Trump Tweet

After opening down around 150 points, Dow futures went panic-bid after President Trump tweeted "Good news on Covid Relief Bill. Information to follow! "

Good news on Covid Relief Bill. Information to follow!

— Donald J. Trump (@realDonaldTrump)

Twitter

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And that lifted futures 250 points or amid negligible liquidity to take out Thursday's highs...

We suspect now those stops are run, we retest the lows as the algos exhausted themselves on the nothingburger tweet since there is nothing coming aside from the $2,000 bill amendment vote that Republicans have (in enough numbers) been negative about.