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12/16/2020
The year 2020 is almost behind us. I’m sure you’re all thinking in your heads, “Thank goodness for that!” As most of you know, the stock market has been largely driven by momentum stocks. The Nasdaq 100 alone has given investors over 40% returns in the past 12 months. Yes, […]
12/16/2020
Global stock markets are higher this morning following an overnight bounce on Wall Street that broke its four-day losing streak, and on hopes that U.S. political leaders will finally deliver more economic aid to the struggling economy. The S&P 500 gained 1.3% overnight. Technology companies led most of last night’s […]
12/15/2020
Wall Street closed higher on continued hopes for fiscal stimulus after a new $748 billion relief package came to the forefront — and more in Tuesday’s stock market update. This relief package excluded controversial aid to states and liability protection. There was also speculation there will be continued quantitative easing […]
12/15/2020
I knew we’d eventually get to this point! As Wall Street’s major indexes continue to rise, fueled by vaccine optimism and stimulus hopes, talk of a stock market bubble has… begun bubbling to the surface again. Are we in the midst of a bubble? Yes, I think so. And I’m […]
12/15/2020
Global stock markets are mixed this morning. Shares in Paris, Frankfurt and London opened higher, while Asian stocks fell as investors continue to wait for Congress to pass a fresh U.S. economic stimulus package for struggling businesses and workers. Japan’s Nikkei 255, which measures the performance of 255 large, publicly […]
12/14/2020
Wall Street showed early strength on news of coronavirus vaccine rollouts after the Food and Drug Administration granted emergency-use authorization — and more in Monday’s stock market update. Meanwhile, the United States government has yet to deliver additional stimulus, but a bipartisan, $908 billion two-part deal remains possible. Uncertainty over […]
12/14/2020
Opening a trading account to buy stocks is easy. But knowing which stocks to watch without a solid plan or strategy is no easy task. However, we’re in the middle of December… That means the stock market is giving away tons of helpful clues to investors and traders who pay […]
12/14/2020
Global stock markets and U.S. futures traded higher this morning as investors closely eye Brexit trade deal talks with the European Union and developments on a fresh U.S. economic stimulus package for businesses and workers. The Trump administration’s latest $900 billion COVID-19 relief bill essentially flopped after Senate Majority Leader […]
12/11/2020
Wall Street showed overall weakness for the third straight session as hopes of another stimulus package continue to fade — and more in Friday’s stock market update. Senate Majority Leader Mitch McConnell said Democrats are holding the Paycheck Protection Program hostage over controversial state government bailouts. Stock Market Update The […]