headline
07/07/2020
Right now, the U.S. economy is teetering between being able to support itself and taking a major dip. With all the madness going on in the world (and markets), I keep hearing friends and colleagues ask themselves if they’re prepared for a recession.
07/07/2020
Cases of the virus have been continuing to increase and the economic forecasts outlook has been revised lower by the banks again…
07/07/2020
Despite an overnight rally in tech shares and the Nasdaq hitting another all-time high, global markets slipped this morning as the pandemic dimmed hopes for a worldwide recovery.
07/07/2020
U.S. markets opened lower to start Tuesday’s session as persistent concern over rising coronavirus cases and a retrenchment in reopenings weighed on sentiment. Optimism over the growth outlook was back under renewed pressure, as the surge in infections continues to hamper reopenings with California, Florida and Texas pulling back on their opening processes.
07/06/2020
Global markets and U.S. shares are on the rise this morning as investors disregard the surge in new virus cases in heavily populated areas around the world, choosing instead to set their sights on an economic recovery.
07/06/2020
U.S. markets closed higher on Monday following a 3-day weekend as Wall Street prepares for a light opening to 2Q earnings and the official start coming next week with the Financial sector. Better-than expected economic news and merger & acquisition headlines helped pushed the major indexes towards early and mid-June resistance levels.
07/02/2020
We’re watching some pretty sharp events take place. In the past six months alone, we’ve seen a nasty trade war with China and a global pandemic.
But there’s more where that came from…
07/02/2020
Just days ago, major airliner stocks were set to soar… but in today’s market madness, they’ve already landed back on the ground...
07/02/2020
This should come as no surprise, but the single best sector to outperform the overall market right now is the tech sector.