headline
10/19/2020
The stock market showed strength at the open before falling hard as hopes a final push for a coronavirus stimulus ahead of the presidential election fueled sentiment — and more in Monday’s stock market update. House Speaker Nancy Pelosi, D-Calif., said over the weekend that Treasury Secretary Steven Mnuchin must […]
10/19/2020
Global shares opened strong this morning after China reported its economy advanced at a 5% annual pace during the third quarter. S&P 500 and Dow futures rose, while most Asian benchmarks also advanced. China was the first economy hit hard by the coronavirus outbreak, and the first to begin reopening […]
10/16/2020
The stock market was mixed following a solid September retail sales report, with the fifth consecutive sales gain coming in much better than expected — and more in Friday’s stock market update. News that Pfizer Inc. (NYSE: PFE) could apply for emergency-use authorization of its vaccine by late November also […]
10/16/2020
This month, I launched a new product called “The Disruptors.” (Check out our shop page) I wanted to talk today about why I am so thrilled to have this new service rolling out on the WealthPress platform. I’m not just thrilled — I’m proud. Proud of the people on the WealthPress […]
10/16/2020
Those who follow me regularly know I’m big on drone stocks, and I’ve recommended two related to the sector over the past couple of months. In today’s video, I’d like to share another drone stock to watch. The first was Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS), which is […]
10/16/2020
Global stock markets are mixed this morning as concerns rise over the U.S. presidential election and a new economic stimulus package. There has also been a resurgence in COVID-19 cases — and that has everyone worried. Markets have been wary this week as rising coronavirus infections prompted new social distancing […]
10/15/2020
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
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
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 […]