Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: October 21, 2020

10/21/2020 Once more yesterday, optimism on the fiscal stimulus front was on the rise. And that sentiment gave stocks an early lift. On point, one day after some initial bullishness had been seen in that area, only to be dashed by a return to late-in-the day pessimism, the bulls were at it again and stocks were on the rise. To recap, after several weeks of back and forth on the stimulus side, House of Representatives Speaker Nancy Pelosi put in a 48-hour deadline on reaching a pact in Congress.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 20, 2020

10/20/2020 The U.S. stock market retreated late in the session yesterday, but seems positioned to recapture some of that ground today. To wit, the U.S. equity futures are up sharply, signaling a higher opening.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 19, 2020

10/19/2020 The most recent five-day stretch of trading started and ended well for the bulls, but in between, the bears were in control and volatility was on display. The market remains on edge ahead of the upcoming Presidential election, which is now just a fortnight away, and with uncertainty about whether a much-needed economic fiscal stimulus package will come prior to Election Day. In addition to those events, trading is being driven by the start of third-quarter earnings season, which has initially been a mixed affair for Corporate America.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 12, 2020

10/12/2020 This past Friday brought to an end one of the better weeks for the stock market this year. In fact, with four winning performances in those five sessions, In all, it was the beat aggregate showing since August. The major reason for this strength, was optimism that Congress would be able to fashion a comprehensive fiscal stimulus deal that the President would sign. The on again, off again talks looked to be going in the right direction as the week ended, but since then optimism has cooled somewhat.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 9, 2020

10/09/2020 Wall Street's resilience continues to be on display. To wit, after a strong push higher on Monday, for most of the day on Tuesday, and again on Wednesday, the Street got some additional wind at its sails yesterday morning, surging by another 150 points in the Dow Jones Industrial Average early in the session. Once more it was optimism on the stimulus front along with some upbeat individual stories that kept the bears in check.
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Daily Updates/ Market Daily Updates

Stock Market Today: March 25, 2020

03/25/2020 Yesterday was the best day for stocks since 1933 in percentage terms, with the gain for the Dow Industrials of 2,113 being the largest ever. Moreover, the S&P 500 would tack on 210 points and the NASDAQ would jump 557 points. Stock gains were largely a result of the passage of a stimulus package. The bill came to fruition in the early hours of the morning. Still, as we look ahead to a new day and after yesterday's fireworks, the U.S. futures are pointing to a slightly lower start this morning, despite the stimulus package.  
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Daily Updates/ Market Daily Updates

Earnings Season

02/24/2020 Earnings season is the four times a year, celebrated several-week stretch from early January to early February, from early April to early May, from early July to early August, and from early October to early November in which the vast majority of the nation's corporations report their quarter's sales and earnings--hence the name  earnings season.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 23, 2020

01/23/2020 The stockmarketstarteddeeply in the redtoday, as fearsincreased about the WuhanCoronavirus, given that cases were found in other locations. Too, they were speculating how the flu-like virus would impact global growth in 2020. The Dow Jones Industrial Average fell well over 200 points in early market action, while the other indices were down in tandem. Overall, the Dow closed lower by 26 points; the S&P 500 rose four points, and the NASDAQ was up19 points.  
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Daily Updates/ Market Daily Updates

Stock Market Today: January 22, 2020

01/22/2020 The equity market openedhigher this morning, but reversedcourse, and softened quite a bit as the sessionprogressed. Initially, traders seemed to be feeling more confident about the medicalsituation in China, as health officials have taken action to contain a serious virus that has broken out there. Given the size of China’s economy, Wall Street has concerns that a protracted epidemic could be problematic for global trade. At the close of the day, the Dow Jones Industrial Average was down 10 points; the broader S&P 500 Index clung to a one-point gain, and the NASDAQ managed to advance 13 points.
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