The Gilmo Report

January 13, 2021

January 13, 2021 6:54 pm ET

The major market indexes remain in uptrends, but the rally continues to get further extended. Meanwhile, 2021 has gotten off to a very interesting start, and not just from a market perspective. Big-tech censorship, rioters breaching the U.S. Capitol Building, and impeachment votes have already imparted a certain dystopian aroma to the New Year.

The censorship movement among the big-stock NASDAQ names is one such dystopian development, with Alphabet (GOOG) becoming the latest among the S&P Five big-stock techs to censor the current lame duck President by kicking him off YouTube this morning. However, Investors don’t seem to react well to this type of thing, as both Facebook (FB) and Twitter (TWTR) have discovered recently.

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