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10/29/2020
stock market recap Stock Market Update

Stock Market Update: Thursday, Oct. 29, 2020

Wall Street rebounded while showing overall strength for the first time in four sessions as better-than-expected economic news lifted spirits — and more in Thursday’s stock market update. The gains weren’t enough to offset the prior session’s losses, with the major indexes still down substantially for the week. Stock Market […]
10/29/2020
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WARNING: The Stock Market’s Most Important Chart Flashes Signal

Today I’d like to show you the stock market’s most important chart because it is flashing a major warning signal.  Before we get to it, I will say it has both nothing and everything to do with the upcoming election, the coronavirus pandemic and the current state of the economy… […]
10/29/2020
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Global Stocks Mixed After Wall Street Sell-Off

Global stock markets were choppy this morning after Asian benchmarks suffered slight losses as a result of Wall Street’s sell-off on Wednesday and surging coronavirus cases.  Shares opened higher in Europe after French President Emmanuel Macron put extensive measures in place to control the virus on top of German officials […]
10/28/2020
stock market recap Stock Market Update

Stock Market Update: Wednesday, Oct. 28, 2020

Wall Street showed continued weakness as concerns over the run-up in coronavirus cases, renewed restrictions in Europe and fears of more punitive lockdowns on the way in the U.S. weighed on sentiment — and more in Wednesday’s stock market update.  The stimulus negotiations are likely done but President Donald Trump […]
10/28/2020
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COVID-19 Infections Rattle Global Stock Markets

Global stock markets traded lower this morning as countries continue to grapple with the rising number of coronavirus cases.  Some local governments have already applied new restrictions, such as curfews and restricted travel, to contain the virus. However, new preventative measures could tamper with economic progress that’s been made since […]
10/27/2020
stock market recap Stock Market Update

Stock Market Update: Tuesday, Oct. 27, 2020

Wall Street settled mostly lower following better-than-expected economic news but mixed earnings reports — and more in Tuesday’s stock market update. Merger and acquisition news helped the Tech sector rebound after Advanced Micro Devices Inc. (Nasdaq: AMD) announced an agreement to acquire Xilinx Inc. (Nasdaq: XLNX) in a deal valued […]
10/27/2020
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Nasdaq Could Fall 13% — Why You Must Keep Volatility in Perspective

When we have major sell-offs like Monday, we have to try to see the forest for the trees and keep stock market volatility in perspective. The forest of course being the stock market indexes, and the trees being the stocks we own.  Big sell-off days can create a lot of […]
10/27/2020
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Global Stocks Slip After Wall Street’s Worst Drop in a Month

Global stock markets traded mostly lower this morning as rising coronavirus cases and a lack of U.S. economic aid gave Wall Street it’s worst day in about a month Monday.  Shares fell in Paris, London, Hong Kong, Sydney and Seoul. Stocks were flat in Tokyo while earlier losses were recovered […]
10/26/2020
stock market recap Stock Market Update

Stock Market Update: Monday, Oct. 26, 2020

Wall Street had its worst session since early September over the lack of a stimulus deal and escalating worries over a surge in coronavirus cases here in the U.S. and in Europe — and more in Monday’s stock market update. Larry Kudlow, Director of the National Economic Council, said stimulus […]
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