Featured Commentary


Markets / Commentaries

Stock Market Today: February 21. 2020

02/21/2020 Stocks closed sharply lower on Friday as uncertainty over how much the China-based coronavirus would affect earnings and the economy weighed on sentiment.
read more

Markets / Commentaries

Stock Market Today: February 20, 2020

02/20/2020 The stock market attempted to advance earlier this morning, abruptly sold off just before noon, but managed to partially recover later in the session. Earlier today, investors seemed increasingly worried about the coronavirus. In addition to concerns about general health issues, Wall Street may be getting worried that business, and corporate profits, could soon be at risk from the disease. It should be noted that a couple of days ago, Apple announced that the situation has been disruptive, and it would be reasonable to assume that other companies may soon follow. At the close of trading today, the Dow Jones Industrial Average was down 128 points; the broader S&P 500 Index was off 13 points; and the NASDAQ was off 66 points.  
read more

Markets / Commentaries

Stock Market Today: February 19, 2020

02/19/2020 The stock market started strongly today, as fears ebbed about the coronavirus. Additionally, a few key economic indicators were positive, including building permits, which reached near a 13-year high. Too, new starts were much higher than expected, while the Producer Price Index showed 0.5% rise in inflation during January. The Dow Jones Industrial Average climbed by as many as 176 points by the late afternoon. The other indices were up in tandem, showing better prices throughout the day.
read more

Stocks / Highlights

Dow 30 Earnings: Walmart Inc. Fiscal Fourth Quarter 2019

02/18/2020 General goods retailer Walmart Inc. (WMT) reported slightly worse-than-expected results for the fiscal fourth quarter ended January 21, 2020. Total revenue of $141.7 billion rose 2.1% year over year, but fell 3.3% short of our estimate. Too, adjusted earnings per share of $1.38 were $0.03 below the year-ago figure. Same-store sales for Walmart U.S. were up 1.9%, missing the 3% mark Walmart had been forecasting. Increases in traffic and the average transaction amount were roughly the same.
read more

Markets / Commentaries

Stock Market Today: February 18, 2020

02/18/2020 The stock market started in the red today, after the three day holiday weekend, on news that the coronavirus outbreak was worse than expected in China. Meantime, Apple (AAPL) stated that the contagion would impact its operations and sales in the first quarter. This sent the market lower in early trading with the Dow Jones Industrial Average lower by as much as 281 points. However, the market became oversold, which caused the indices to rebound and retake a substantial portion of the day’s losses. The NASDAQ even reached the green for a brief spell.
read more

Markets / Commentaries

Stock Market Today: February 14, 2020

02/14/2020 The major U.S. stock indexes started the Friday before the long President’s Day weekend with an uptick, but trading soon became mixed. Stocks uniformly fell into the red by early afternoon, but a late-session rally helped to trim losses.
read more

Stocks / Highlights

Dow 30 Earnings: Cisco Systems Fiscal Second Quarter 2020

02/13/2020 Networking equipment and software maker Cisco Systems (CSCO) reported in-line results for the fiscal second quarter ended January 25, 2020. However, some investors were disappointed with the company's order book, and the shares were down in response.
read more

Markets / Commentaries

Stock Market Today: February 13, 2020

02/13/2020 The stock market opened lower, following news broke that cases of the coronavirus and related deaths have accelerated in China. Traders' sentiment for global growth weakened. Additionally, the markets were dragged down by a worse-than-expected performance out of Cisco Systems. The Dow Jones Industrial Average fell as many as 205 points, while the other indices were down in tandem. However, the market started to rebound, and the indices generally headed toward break-even, with the NASDAQ and S&P 500 reaching all-time highs in the afternoon. Still, the markets tapered off in the final portion of the session and gave these gains. Overall, the Dow closed lower by 128 points; the S&P 500 was down six points; and the NASDAQ was off 14 points. 
read more

Markets / Commentaries

Stock Market Today: February 12, 2020

02/12/2020 The stock market put in a choppy and generally up-and-down session yesterday marked by several alternating modest rallies and setbacks. The session started very briefly to the upside, with the Dow Jones Industrial Average climbing by almost 140 points. However, that uptick would prove short-lived, and a descent gradually set in, so that by just after 11:00 AM (EST), the blue chip index had eased into the red. Here, too, that sojourn would not be sustained, and a second round of more modest buying ensued.
read more

PAGE
OF 34