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10/09/2020
Stock Market Update

Stock Market Update: Friday, October 9, 2020

Wall Street showed continued momentum on hopes for another round of stimulus with President Donald Trump now expressing openness to a larger fiscal package — and more in Friday’s stock market update. Larry Kudlow, Director of the National Economic Council, said Trump has approved a revised package of $1.8 trillion […]
10/09/2020
Trump and Biden

Global Shares Extend Gains With Stimulus in Focus

Global stock markets and Wall Street futures traded higher this morning after U.S. President Donald Trump said federal stimulus talks had resumed.  Shares in Europe rose significantly during midday trading hours, while Shanghai and Sydney closed higher. Indexes in Tokyo and Hong Kong declined.  The president told Fox Business Thursday […]
10/08/2020
Stock Market Update

Stock Market Update: Thursday, October 8, 2020

Wall Street showed continued momentum in renewed hopes for stimulus and ongoing support from monetary policy — and more in Thursday’s stock market update. President Donald Trump said he see progress, and added he’s looking at more than just airlines. However, trading turned choppy after House Speaker Nancy Pelosi, D-Calif., […]
10/08/2020

2 Small-Cap Stocks to Buy for Major Upside

It’s been a rough year for small-cap stocks.  However, it’s still worth your time to look at the hottest small-cap stocks because these companies offer more potential growth than large-cap stocks.  Usually even the hottest small-cap stocks — companies whose market caps are between $300 million to $2 billion — […]
10/08/2020

Global Shares Rise as Stimulus Talks Remain in Focus

Global stock markets traded higher this morning after U.S. President Donald Trump seemed to change his earlier decision to halt talks on a second federal stimulus package.  In the U.S., weekly jobless claims turned out worse than expected, and continued to indicate a slowdown in hiring. This highlights the fact […]
10/07/2020
Stock Market Update

Stock Market Update: Wednesday, October 7, 2020

Stocks rebounded after tweets from President Donald Trump suggesting he is open to limited and focused agreements on airline support, paycheck protection and a $1,200 stimulus check — and more in Wednesday’s stock market update. Trump tweeted the Congress should immediately approve $25 Billion for airline payroll support and $135 […]
10/07/2020

No Deal: Trump Nixes Stimulus Talks, Jeopardizing US Recovery

Keeping up with economic data these days is like drinking from a fire hose… it comes at you incredibly fast. And while I spent a lot of time today writing up this morning’s release of the US Balance of Trade data, its relevance as a headline was rendered useless at 2:48 PM […]
10/07/2020
Best Pairs Trade

Global Shares Drop After Trump Backtracks Stimulus Talks

Global stock markets traded mostly lower this morning as U.S. President Donald Trump halts talks concerning another federal stimulus package.  U.S. futures were up slightly, while shares in Germany, France and Japan slipped. In China, markets are closed for a weeklong holiday.  The president’s decision to suspend economic aid talks […]
10/06/2020
Stock Market Update

Stock Market Update: Tuesday, October 6, 2020

Wall Street was choppy before closing deep in the red following a late-day tweet from President Donald Trump saying he is ending talks with the Democrats over another stimulus package — and more in Tuesday’s stock market update. The tweet went on to say House Speaker Nancy Pelosi, D-Calif., is […]
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