Roger Scot

Despite rising virus cases, global markets edged up this morning on positive news of a recovery in industrial activity in China and Europe.  As a result, investors are keeping a close eye on the Caixin Manufacturing Purchasing Index (PMI). This private survey revealed China’s manufacturing activity rose to an unexpectedly […]

Do you remember watching films like the Terminator and Star Wars? You know… science fiction flicks filled with crazy gadgets and impossible technology?  Well, I have to let you in on something…  All of that has become a reality! And right now, artificial intelligence is one of the best ways […]

Could you imagine the world without a virus vaccine? Or even worse… the long-term impact that could have on the market?  Heck, GDP is already expected to be down double-digits from the positive 2% we originally anticipated.  But I’m not here to frighten you…  You see, turmoil often breeds opportunity, […]

Global markets are mixed yet again this morning as indexes in Europe rise during early trading hours while Asian benchmarks mostly plummet.  That being said, market players are really starting to monitor key financial reports and corporate earnings, which, folks, have not been pretty. While some technology companies have bucked […]

Global markets and U.S. stocks fell this morning after the Federal Reserve decided to keep interest rates at their record, near-zero low, warning that the virus isn’t going anywhere anytime soon.  Even Fed Chairman Jerome Powell cautioned that rising U.S. cases, which have caused some states to reimpose anti-virus precautions, […]

World markets are trading in narrow ranges this morning as investors and traders continue to eye the U.S. Federal Reserve for hints concerning the economic outlook.  As of right now, it’s expected that they’ll keep short-term interest rates at their record, near-zero low. That makes sense because central banks have […]

Amid U.S. stocks’ overnight advancement and gold’s price retreating after yesterday’s surge, global markets are mixed yet again this morning.  At the same time, investors are eyeballing the Federal Reserve’s two-day policy meeting that begins today. They’re anxiously awaiting a verdict on whether central banks will raise or lower interest […]

Chip makers have undoubtedly been one of the hottest sectors of 2020… The PHLX Semiconductor Index is up about 14.5% year to date, and lately, it has a lot of traders feeling extremely bullish.  While I know everyone has been eyeing names like AMD and Intel, I have two other […]

Global markets are rather mixed this morning as the price of gold soars to a record high amid increased tensions between China and the U.S. and rising pandemic concerns.  In fact, major indices in London, Tokyo, and Hong Kong edged lower while Frankfurt and Shanghai experienced the opposite. Despite a […]