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The Dow Jones was up almost 500 points today.

That's about 1.4%.

Bringing its two-day rally to about 1140 points.

That's almost 3.3% in just two days.

Fact that Nasdaq had an even bigger rally today alone gaining three and a quarter percent.

But it didn't do as well yesterday as the broader market.

So its two-day gain is 3.8%, but still bigger than the gain of the Dow.

Of course, the Nasdaq was beaten up more prior to this two-day rally.

The catalyst that inspired the rally was comments from Fauci, I think early Monday morning,

that the Omicron virus is not really as bad as we thought because the symptoms are relatively

mild.

So it's not as bad as Delta, for example.

And in fact, it may even be a blessing if it becomes the more dominant strain of the

virus, if it has more mild symptoms and fewer people are hospitalized and even fewer people

...