Roger Scot
09/02/2020
Global stock markets rose this morning after better-than-expected overnight economic data lifted investor sentiment. Despite many economies around the world battling recessions, the U.S. Commerce Department reported July’s construction spending increased, ending a slew of losses caused by the coronavirus pandemic. But the real question is: Will the trend last […]
09/02/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.
09/01/2020
Business activity is finally starting to pick up… Just look at the data! The ISM Non-Manufacturing Index (NMI) is up 1.82% and 26.55% the past month and year, respectively. An increase like that is usually a good sign… …and means companies like these two are “smart buys” for savvy investors […]
09/01/2020
Global stock markets moved mostly sideways this morning after an overnight retreat on Wall Street. Asian shares fell about 2% as the Reserve Bank of Australia chose to keep interest rates at their current record low. However, investor confidence about a recovery is strong amid promising economic data from a […]
09/01/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.
08/31/2020
Global stock markets are mixed this morning. Stocks in Asia are mostly down while U.S. futures rose slightly after Wall Street had its fifth straight week of gains. The rise in U.S. stocks follows Federal Reserve Chair Jerome Powell’s new strategy to target average inflation, keeping interest rates near zero. […]
08/31/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.
08/28/2020
This isn’t the first (or the last) time you’ll hear me talk about 5G and fiber optic stocks. At this moment, tons of assets are being poured into disruptive technology that requires 5G to function. I’m calling it now: 5G will dominate and power the world in the next few […]
08/28/2020
It seems like everyone and their brother is chatting about the stock market’s latest all-time highs. But based on what I see… signs are pointing to a correction — a dip of 20% or more. It’s hard to tell if it’s a hiccup or something much larger… which is to […]