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11/12/2020
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Stock Market Update: Thursday, Nov. 12, 2020

Wall Street fell on news the Trump administration is stepping back from negotiations on a new stimulus package and leaving it to Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi — and more in Thursday’s stock market update. While the White House probably would consult with Republican lawmakers […]
11/12/2020
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These Sectors — Not Tech — Will Lead the Stock Market Higher

Today I wanted to share with you guys my appearance Monday on Cheddar, where I discussed the stock market’s big pop on Pfizer’s COVID-19 vaccine news.  Pfizer Inc. (NYSE: PFE) announced Monday positive early results from its Phase 3 coronavirus vaccine trials, showing 90% effectiveness.  The Dow popped 3% Monday […]
11/12/2020
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Global Shares Slip on COVID-19 Vaccine Doubts

Global stock markets slipped this morning after the COVID-19 vaccine rally came to a screeching halt despite a rebound by big technology stocks that have flourished throughout the pandemic. Investor enthusiasm about Pfizer Inc’s (NYSE:PFE) potential and effective COVID-19 vaccine has ultimately been overridden by the logistical difficulties of distributing […]
11/11/2020
stock market recap Stock Market Update

Stock Market Update: Wednesday, Nov. 11, 2020

Wall Street was mixed with the major indexes trading in tighter ranges as the rise in ongoing coronavirus cases weighed on sentiment — and more in Wednesday’s stock market update. Texas has become the first U.S. state with more than 1 million confirmed COVID-19 cases with over 19,000 deaths since […]
11/10/2020
stock market recap Stock Market Update

Stock Market Update: Tuesday, Nov. 10, 2020

Wall Street was mixed amid a return to a measured outlook following Monday’s vaccine exuberance — and more in Tuesday’s stock market update. While the vaccine news offers hope, virus cases continue to rise in the U.S., increasing the risk that some states and regions will return to some form […]
11/10/2020
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2 Gambling Stocks I’m Betting on

It’s been a year full of surprises…  I mean, who would have thought COVID-19 would be the driving force of the economy, or that Joe Biden would be the 2020 president-elect?  Not me, but that’s besides the point… The most shocking thing of 2020 has been gambling stocks. While many […]
11/10/2020
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COVID-19 Vaccine Sends Global Shares Upward

Global stock markets and U.S. futures rose this morning on investor confidence that Pfizer’s possible COVID-19 vaccine may allow things like manufacturing and shopping to return back to normal.  On Monday, Pfizer Inc. (NYSE: PFE) said its coronavirus vaccine shots might be more than 90% effective in testing.  But we’re […]
11/10/2020
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Stocks to Buy on Vaccine News as Tech Sells Off

Today is one of those days where I get to say, “I told you so!” as much of Wall Street saw a furious rally for most stocks on the heels of positive COVID-19 vaccine news to start the week.  I’ve said many times that pending vaccine news and Phase 3 […]
11/09/2020
stock market recap Stock Market Update

Stock Market Update: Monday, Nov. 9, 2020

Wall Street tapped fresh all-time highs after Pfizer and partner BioNTech announced their vaccine candidate is over 90% effective in preventing coronavirus in data released from their still-ongoing Phase 3 trial — and more in Monday’s stock market update.  Pfizer Inc. (NYSE: PFE) and BioNTech (Nasdaq: BNTX) are continuing to […]
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