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08/21/2020

3 Indicators Pointing to the Economic Recovery

This year hasn’t been a smooth ride by any means, but at least we’re finally starting to see some positive moves in the right direction.  The S&P 500 hit an all-time high earlier this week, and now three more indicators are showing consistent strength in the broader market. At a […]
08/21/2020
Best Pairs Trade

Vaccine Timeline Boosts Investor Sentiment

Most global shares edged higher this morning on hopes for a virus vaccine, even though worries about the pandemic’s long-term economic damage remain strong.  It’s reported that Pfizer’s vaccine is on schedule for regulatory review in October, boosting investor sentiment. Additionally, a remark from China’s Commerce Ministry that China and […]
08/21/2020

Yellow Brick Road: The Path Back to the Gold Standard Leads Through China

After an elbow injury forced me to quit playing baseball in college, I unexpectedly found myself with a lot of extra time on my hands. Some of that time was spoken for. I had started to add in some advanced music classes to my heavy science course-load, and switched my […]
08/21/2020
Stock Market Update

Market Update: Thursday, August 20, 2020

Market Action U.S. markets shook off a disappointing jobless claims number and larger-than-anticipated drop in the Philly Fed to settle mostly higher on Thursday. Slightly good news on the U.S./ China trade front helped sentiment after China’s commerce ministry said the two sides will hold the delayed talks in the […]
08/20/2020

Rally Backs Down on Fed Concerns

Global markets dropped this morning as minutes from the last Federal Reserve meeting exposed challenges facing the economy, as well as risks to the medium-term outlook.  U.S. shares were in line to add yesterday’s losses, with futures for both the Dow and S&P 500 down 0.3% ahead of the open. […]
08/20/2020
Stock Market Update

Market Update: Wednesday, August 19, 2020

Market Action U.S. markets closed mostly lower on Wednesday after setting another round of fresh all-time intraday highs on signs of a possible breakthrough in deadlocked stimulus talks with chatter of a “skinny” $500 billion fiscal package possibly in the works. The afternoon minutes from the Federal Reserve July policy […]
08/19/2020

S&P 500 Hits New Record High

Despite a fresh all-time high in the S&P 500, global markets are rather mixed this morning with European indexes opening little changed and U.S. futures somewhat lower.  Tensions between Beijing and the U.S. are also meddling with sentiment levels after President Trump delayed a virtual meeting because he “doesn’t want […]
08/19/2020
Stock Market Update

Market Update: Tuesday, August 18, 2020

Market Action U.S. markets traded on both side of the ledger on Tuesday before settling mixed with the S&P 500 and Nasdaq setting fresh intraday and all-time closing highs. Another solid report from the housing market mostly outweighed the relentless uncertainties over the coronavirus, re-openings and the overall economic recovery. […]
08/18/2020

S&P 500 On Target for Record Close

Markets are mixed this morning in Europe and Asia as the buying of tech stocks bumped the S&P 500 closer to its record high set in February.  In fact, markets were also bolstered after Speaker Nancy Pelosi cut lawmakers’ recess short to vote on legislation that could stop the Trump […]
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