Facebook Stock Surges On “Shops” Announcement

The major indices are all trading significantly higher at midday as stocks recovered from yesterday’s late-day dip overnight. Even though the global COVID-19situation is still not stable, with especially the Brazilian outbreak causing concerns, the U.S., Asian, and European numbers continue to fuel the risk rally. The Dollar Index (DXY) is trading at its lowest level in almost three weeks, thanks to the easing global dollar shortage that has been weighing on the banking sector.Q1 2020 hedge fund letters, conferences and moreFacebook Announces New “Shops” E-Commerce PlatformFacebook (FB, +5.2%)…

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HEDGE accordingly