Best Stocks To Short Today As Dow Jumps 300 Points Following Strong Earnings Results

Stocks surged this morning on some positive earnings report in what will be a busy week in that area. Dow components IBM IBM and Coca-Cola gained over 2.5% and 2.8% after reporting better-than-expected quarterly numbers, alleviating some concern over how bad corporate earnings might have been during the lockdown quarter in the U.S. Sentiment also got a boost on Tuesday after the European Commission, which is the EU's executive branch, agreed to a 750-billion-euro stimulus package, much quicker than expected given the political maneuvering that was needed there. Designed to help the most affected countries in the region, the stimulus was well received by financial markets. In the US, lawmakers are going to face pressure to pass legislation by the end of July to pass their own stimulus, set to expire. Gold seems to be benefitting from all the fiat currency printing, gaining over 1% and nearing all-time highs.