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01/25/2021
Wall Street was mixed with Tech stocks showing continued strength while the small caps and blue chips closed lower — and more in Monday’s stock market recap. The action comes ahead of a heavy fourth-quarter earnings slate with a number of key updates from Apple Inc. (Nasdaq: AAPL), Tesla Inc. […]
01/25/2021
Global stock markets are mostly higher this morning as investors look forward to upcoming earnings reports in hope that economies hit hard by the COVID-19 pandemic will soon recover. With both a Democratic president and Congress, investors are hopeful that Washington will send out another round of economic stimulus. In […]
01/22/2021
Wall Street was weak throughout as disappointing earnings and profit taking weighed on sentiment — and more in Friday’s stock market recap. The major indexes rebounded off the opening lows following better-than-expected economic news, especially from the housing market — which remains on fire. Headwinds from low inventories and high […]
01/22/2021
Special Purpose Acquisition Companies, or SPACs as they’re most often referred to, have been all the rage in the investing community. In fact, 2020 was a record year for them, as more than 200 SPAC sponsors issued initial public offerings — four times as many as 2019. So I get […]
01/21/2021
Wall Street was choppy throughout despite another round of record highs, with Tech showing the most strength before a mixed close — and more in Thursday’s stock market recap. The action comes ahead of a number of key earnings announcements after the closing bell that will likely influence Friday’s open. […]
01/21/2021
Wednesday was Inauguration Day, and there’s a related play, a health insurance marketplace stock, I’ve been watching… And I’m excited to say it started to break out this week. I’ve had to wait and wait, but it’s finally taking off as Joe Biden moves into the White House — and […]
01/20/2021
Wall Street was up for the second straight session with gains leading to another round of fresh all-time highs for the major indexes — and more in Wednesday’s stock market recap. President Joe Biden and Vice President Kamala Harris went to work right away following their swearing in today. They […]
01/19/2021
Wall Street started the week on a bullish note amid expectations of further stimulus that could be issued by the incoming Biden administration — and more in Tuesday’s stock market recap. Comments from Treasury Secretary nominee Janet Yellen, the Federal Reserve Chair under President Barack Obama, also lifted sentiment after […]
01/19/2021
So Wednesday is the big day… the swearing in of Joe Biden as the 46th president of the United States. It’s not only an important day for our country, as it is every four years, but also an important inflection point for an overlooked part of the stock market: post-inauguration […]