E Market Briefing For Tuesday, August 4

Stimulus bill delays didn't inhibit the Senior Indexes retaining their gains, while for sure it inhibits millions of Americans who will cease lots of consumer spending as the indirect subsidies are forestalled. Many Americans, sadly, are really struggling now.    

 So it's no surprise the 'eviction' issue will be forestalled, Congress (dickering long) of course do more, but we are at an economic health-related inflection point, which may be why the President continues to soft-pedal the situation, and even spoke unkindly for a moment of Dr. Brix, and hopefully they 'air-hug' and make-up tomorrow.  

Really I have to rush this report (I'm often late when I'm trying to dig up information, in this case it's about Sorrento Technologies), as the FDA assigned their original test a registration number, but that's not formal approval, even if media pundits say so. I think they'll have that soon enough, but so far that's still pending even if the stock is roaring forward. It traded millions of shares in the aftermarket and the final bid was 10.39 or so. If it opens above that fine, and if there's no immediate new it might settle back, as often occurs, but then rise to higher levels later, whether or not the formal approval is received from the FDA, if that's even at that point just because of a formality put into the FDA database. Stay tuned not eager to sell overall. (The methodology of a test pending approval or denial now, is shared in a later graph.) (SRNE)   

Sure, politicians will come to some agreement, but while the amounts aren't known, at this points it's merely the delay that denotes more suffering on the part of the people. That they have insufficient reserves (people often living above their means, rather than comfortably at or even below) is another story.  

Executive summary:

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