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10/15/2020
stock market recap Stock Market Update

Stock Market Update: Thursday, October 15, 2020

Stocks closed mostly lower for the third straight session with small caps outperforming the major indexes — and more in Thursday’s stock market update. A weak jobs report and an increasingly bleak outlook for a near-term stimulus package pushed stocks lower on the open before a midday turnaround. Additionally, earnings […]
10/15/2020
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Global Stocks Slip on COVID-19 Resurgence

Global stock markets slipped this morning as investors started losing faith that U.S. leaders will create a new economic stimulus package prior to the Nov. 3 presidential election.  Market sentiment faded Wednesday after U.S. Treasury Secretary Steven Mnuchin mentioned he and congressional leaders are “far apart” on reaching a deal […]
10/14/2020
stock market recap Stock Market Update

Stock Market Update: Wednesday, October 14, 2020

The stock market struggled while closing lower for the second straight session after Treasury Secretary Steven Mnuchin said getting a stimulus deal done before the Nov. 3 election will be difficult — and more in Wednesday’s stock market update. Mnuchin said there has been progress on certain issues, but added […]
10/14/2020
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Bank Stocks to Buy Now — 1 Is Poised to Soar 50%

It’s fun to brag to your friends about how you’re making a killing after buying shares of the next big thing. Take Tesla for example. Most traders have heard of it and know the backstory of how it became one of the biggest stocks of the past several years.  The […]
10/14/2020
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Global Shares Struggle to Find Direction as COVID-19 Numbers Rise

Global stock markets are flat this morning as the count of coronavirus cases rose in multiple major economies, resulting in more business limitations. Independent monitors temporarily halted enrollment Tuesday in testing Eli Lilly and Co.’s (NYSE: LLY) COVID-19 experimental antibody therapy “out of an abundance of caution.” This came after […]
10/13/2020
stock market recap Stock Market Update

Stock Market Update: Tuesday, October 13, 2020

The stock market settled lower following the start of the third-quarter earnings season — and more in Tuesday’s stock market update. Citigroup Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) reported better-than-expected headline earnings while Delta Air Lines Inc. (DAL) reported worse-than-expected losses and adjusted revenue. Stock Market […]
10/13/2020

Sky-Fi Heralds the Launch of Internet 3.0

According to Musk himself, Elon Musk and SpaceX are planning to IPO their Star-Link Low Earth Orbit (LEO) satellite wi-fi service in the next few years. He also suggested that he would give access to the IPO to small retail investors, stipulating, “You can hold me to it.” While waiting […]
10/13/2020
financial sector earnings outlook 2021 stock predictions from 2020 Best Pairs Trade

Global Stocks Mixed on Negative Vaccine News

Global stock markets are mixed this morning. Stocks turned lower in Europe after a mixed trading day in Asia. Shares fell in Paris and London, but edged up in Tokyo and Shanghai after China said its September exports rose 10% in dollar terms.  If U.S. President Donald Trump doesn’t push […]
10/12/2020
stock market recap Stock Market Update

Stock Market Update: Monday, October 12, 2020

Wall Street extended its winning streak to four straight sessions ahead of the start of the third-quarter earnings season — and more in Monday’s stock market update. In addition to a number of earnings reports from the nation’s biggest banks that start Tuesday, Wall Street is looking ahead to Apple […]
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