FIT - Wall Street Breakfast: Campaign Trail Ends With Market Rally

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Campaign trail ends with market rally Tech mega-caps continue to be the big gainers across the board following a razor-thin election and outstanding political uncertainty (didn't the sell-side say a lack of immediate results would be negative for the market?) Anyways, many voices are chiming in on the catalysts for the move higher after additional outsized gains were seen from stock index futures overnight: Dow +1.4%; S&P 500 +2%; Nasdaq +3%. Some are saying the rally over the last 24 hours is due to less regulatory risk (due to a divided White House and Congress), making major policy changes difficult to enact. Others feel the broad selloff last week is getting many traders off the sidelines, while some believe their presidential candidate and agenda would be

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Wall Street Breakfast: Campaign Trail Ends With Market Rally