Goes to show that the stock market or any market for that matter, takes advantage of fear based reflex actions and perversely flips the exact opposite to what is so surely expected.  The impish illogicality of price discovery is a fascinating example of fear and greed manifest as trading dynamic.  Was just thinking the same thing.  Why wouldn't the market roar as the big business domination is an absolute given.  At least for right now.  The act of being certain of something can be dastardly damaging when blindsided by the contrary hidden in plain sight!

Good post Hayman.

I was suprised to see it as well,    but it has very little to do with Biden.   Mainly Vaccine and stimulus.  If Biden gets much of his agenda enacted,    don't get used to it.