Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: January 14, 2021

01/14/2021 This week has seen a down stock market session on Monday, a mixed equity showing on Tuesday, and a moderately better outcome yesterday. Numerous currents, including the second impeachment of a sitting President of the United States, the issuance of the Federal Reserve's Beige Book, and this morning, the release of the jobless claims tally, will affect today’s markets. Nevertheless, stocks appear set to commence trading to the upside when traders get going this morning.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 8, 2021

01/08/2021 It has been a volatile week on Wall Street, which saw an initial selloff on Monday, a mixed showing on Tuesday, ahead of the Georgia vote, which would tip control of the U.S. Senate from the Republican Party to the Democratic Party, and outsized advances the past two days on relief that the transition of authority from the current President to President-Elect Biden would be orderly and peaceful. And today’s jobs report, Labor affirmed that the nation lost 140,000 jobs last month (forecasts had been for an increase of 50,000 jobs. Despite a turbulent week, the indexes are at all-time highs as we close out the first full week of the new year.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 10, 2020

12/10/2020 The equity market struggled yesterday, as risingnumber of COVID patients and deaths offset the enthusiasm surrounding the vaccine. In all, the Dow ended matters off by 105 points, while the S&P 500 descended 29 points. It was the NASDAQ, though, that would suffer the biggest hit, falling 244 points on the slide in tech. In the after-market hours, the early read on the futures was nominally positive last evening, but sentiment has shifted, and the market is poised to open lower.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 12, 2020

11/12/2020 The U.S. equity market produced another split session in the middle day of the so far bifurcated trading week. Before the market’s open, the equity futures indicate that we may be in for another mixed trading session on Wall Street, with the main theme continuing to be sector rotation.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 11, 2020

11/11/2020 The major market averages closed Tuesday’s session on a mixed note. We could see this bifurcated pattern continue over the next several days, as there are few other influences expected currently, as earnings season is winding down, the economic calendar is light, and the recent election results still are being challenged in long-shot efforts. Looking out to a new day now, we see that the equity futures are pressing higher stateside, with the S&P 500 index futures and the NASDAQ joining in with the Dow to press higher. Finally, today is Veterans Day, a solemn 24 hours in which we remember the sacrifices, including the ultimate sacrifice, made by so many men and women over the past two and a half centuries to ensure that we continue to have a resilient democracy that can withstand all challenges.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 29. 2020

10/29/2020 The COVID-19 worries, along with the uncertainty surrounding next week’s Presidential election and the unlikelihood of a near-term coronavirus fiscal stimulus package on Capitol Hill, have been a body blow to traders. No sector was spared in yesterday’s respective declines of 943, 426, and 120 points for the Dow 30, NASDAQ, and S&P 500 Index, with sharp setbacks recorded in each of the top-10 major equity groups. Looking to the session ahead, will the positive earnings and economic data released this morning be enough to overcome the escalating worries about COVID-19? Stay tuned.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 28, 2020

10/28/2020 Wall Street is on the ropes. On point, just two days after the Dow Jones Industrial Average had fallen by 650 points, after an intraday loss of 965 points, the blue chips are getting pounded oncemore. Specifically, as we hit the 1:00 hour on the East Coast, the Dow is off by more than 800 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 27, 2020

10/27/2020 The stock market ended Monday’s session deeply in the loss column, on fears about the rising caseload of coronavirus patients. Currently, the futures were moderately in the green, suggesting a stronger start to the day. Still, we imagine traders will focus on earnings reports and any developments concerning the coronavirus cases or continuing efforts to fashion a fiscal stimulus package.
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Daily Updates/ Market Daily Updates

Stock Market Today: September 25, 2020

09/25/2020 To this point, at least, September has lived up to its reputation as a difficult month for investors. Thus,  after a short-lived two-day advance to start the 30-day span, Wall Street has spent the following three weeks heading notably lower, with the past several days being especially trying, with declines of over 500 points in the Dow Jones Industrial Average on Monday and Wednesday alone. Then, yesterday morning, the stock market fell further initially, with the Dow dropping by more than 200 points.
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