Roger Scot

08/28/2020

Stocks Rise Amid Fed Chair’s Inflation Plan

World stock markets are mostly higher this morning following Federal Reserve Chair Jerome Powell’s newest monetary policy remarks.  Overnight the S&P 500 ticked 0.2% higher after Powell declared U.S. central banks will continue to keep short-term interest rates low and buy as many bonds as needed to keep the markets […]
08/28/2020
Stock Market Update

Stock Market Update: Thursday, August 27, 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.
08/27/2020
Best Pairs Trade

Powell Announces Major Change for Fighting Inflation

Global stocks are mixed this morning. While the international markets were down, the U.S. stock market rose on Federal Reserve Chair Jerome Powell’s latest monetary policy comments.  Usually, these comments move the stock market, and today was no different. Powell announced a new policy that will target average inflation, essentially […]
08/27/2020
Stock Market Update

Market Update: Wednesday, August 26, 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.
08/26/2020
Trump and Biden

Important Indicator Flashes Major Warning Signal

Global shares opened lower this morning as investors and traders direct their attention to U.S. Federal Reserve Chair Jerome Powell’s speech Thursday.  Powell will review the next policy steps the Fed intends to take. Economic data is giving traders “a mixed bag” of signals, including positive U.S. home sales alongside […]
08/25/2020

Get BIG Gains in 2020 With Video Game Stocks

The COVID health crisis hasn’t just flipped the stock market upside down… it’s upended our everyday lives, too.  Since everyone’s been stuck at home with little outside entertainment, tons of people who never played video games before are now hooked. And once you start, it’s really hard to stop.  That’s […]
08/25/2020

Positive Vaccine Development Fuels Stock Market Surge

Global stock markets rose this morning as investors continue to hope for a virus vaccine, or effective treatment.  However, few details were released following a Tuesday morning phone call between the U.S. and China to discuss trade policy. The call was part of a six-month review of a phase one […]
08/25/2020
Stock Market Update

Market Update: Monday, August 24, 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.
08/24/2020
Stock Market Update

Market Update: Friday, August 21, 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.
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