stock market recap Stock Market Update

Do FAANG Stocks Have an Open Vacancy?

This year has been one of the wildest rides for Wall Street… The technology sector is leading the market and is up 25%-plus year to date while the S&P 500 is down 3% year to date during the same time period.

Did Global Markets Recover Too Fast?

Global markets are rather mixed this morning as Wall Street slips on uncertainty, especially in light of the recent economic data and the pandemic.

How to Profit From the Housing Market in 2020

Earlier this week, the Fed announced they’d hold interest rates near zero until the end of the year to help the economy recover from the pandemic.

Wall Street’s Hopes Crushed by Shocking Data

Global shares receded this morning as rising numbers of virus cases and deaths remain the constant root of uncertainty. Now, some investors (including myself) are starting to worry that the stock market went too far in its rally. It’s taken less than four months for the S&P 500 to basically return to its record after being down nearly 34%.

Market Update: Thursday, July 16, 2020

U.S. markets traded lower throughout Thursday’s session as heightened frictions with China outweighed upbeat economic news and corporate earnings. Specifically, President Trump is reportedly considering a ban on members of the Chinese Communist Party and their families from entering the country.

Locate Underdog Stocks

I don’t know about you, but I always love a good underdog... So why is it that we have the tendency to ignore the “underdog stocks”?

Make the Best of Being Stuck at Home During Quarantine

Right now, we’re finding ourselves in somewhat of a forced staycation. While most of us don’t like to see it that way, since we want to keep generating money, we’re going to be stuck in this situation for the time being.

First Vaccine Trial Shows Positive Results

Global markets are on the rise this morning as hopes for the development of a virus vaccine intensify once again. The first vaccine tested by Moderna and the U.S. National Institutes of Health uncovered an encouraging immune system boost, paving the way for an even larger study to see if the drug is powerful enough to protect against the virus.

Market Update: Wednesday, July 15, 2020

U.S. markets surged on Wednesday’s open following news of an experimental coronavirus vaccine that showed it was safe and provoked immune responses in an ongoing early-stage study. Phase 3 results will begin later this month after the vaccine produced neutralizing antibodies in all 45 patients included in an early-stage human safety trial.