Pelosi Reaffirms Same Position Of Last Three Weeks, Stimulus Remains In Stalemate Tyler Durden Tue, 10/20/2020 - 12:46 Algos were inspired to run overnight high stops on the back of Pelosi using the word "optimistic" but then once she started to explain that nothing has actually changed, the market's ramp was reversed once again. Speaking on BloombergTV,: *PELOSI SAYS SHE IS OPTIMISTIC FOR STIMULUS, ECONOMY NEEDS IT And stocks ramped. Then reality hit and the humans stepped in... *PELOSI SAYS DIFFERENCES STILL REMAIN ON STATE, LOCAL AID *PELOSI SAYS DIFFERENCES STILL REMAIN ON LIABILITY PROVISIONS *PELOSI SAYS DEMOCRATS STILL FIGHTING FOR TAX CREDITS So all the things that she has been demanding for the last few weeks but have not budged. The Speaker then confirmed today's deadline... *PELOSI SAYS TODAY IS DEADLINE TO HAVE DEAL TERMS ON THE TABLE And offered once more bone to the algos... *PELOSI SAYS WE ARE ON A `PATH' ON AID, HAVE TO BE OPTMISTIC The jump reversed once again... It appears some remain "hopeful"...As President Trump said this morning, "we will see if Pelosi will change her mind."