Roger Scot

12/11/2020
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Global Stock Markets Lower After Poor Jobless Report

Global stock markets turned lower this morning after the number of Americans applying for unemployment benefits rose and as U.S. political leaders continue to grapple with a fresh economic stimulus package.    Thursday’s jobless claims report showed that 835,000 people applied for unemployment in the month of November. That’s the highest […]
12/10/2020
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Stock Market Update: Thursday, Dec. 10, 2020

Wall Street opened weak and struggled throughout the session as traders awaited updates on a possible stimulus plan — and more in Thursday’s stock market update. Tech and the small caps showed strength, closing higher, while the broader market settled slightly lower. Stock Market Update  The Russell 2000 gained 1.1% […]
12/10/2020
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Will There Be a Santa Claus Rally This Year?

The holiday season is in full swing, and it could bring good tidings to you and your kin… Within the past several weeks, you guys have sent me a ton of emails asking about the prospects of a Santa Claus rally this year.  Generally speaking, a Santa Claus rally (aka […]
12/10/2020
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Global Stocks Mixed After Tech-Led Drop

Global stock markets are mixed (and look extremely overbought) this morning following Wednesday’s selloffs in both the technology and health services sectors, putting an end to Wall Street’s winning streak.   Shares recently have been pushed higher on the idea of rolling out a potential COVID-19 vaccine in the U.S. and […]
12/09/2020
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Stock Market Update: Wednesday, Dec. 9, 2020

Wall Street opened higher with the four major indexes setting another round of all-time highs on better-than-expected economic news… before things quickly fell back to earth — and more in Wednesday’s stock market update.  Weakness came following reports that a stimulus agreement looks to be in jeopardy again. Senate Majority […]
12/09/2020
stocks set to soar in 2021 stocks ready to heat up increase your profits 3D printing stocks for 2021 healthcare stocks to watch in 2021 small-cap stocks to watch in 2021 VanEck Vectors Social Sentiment ETF profit from rising interest rates GameStop’s earnings report sector rotation strategy have pot and ev stocks fizzled out earnings reports to watch this week back-to-normalcy stocks consumer stocks set to jump big banks report earnings

3 Stocks Ready to Heat up

COVID-19 infections have increased over the past few months, hospitals are starting to run over capacity once again in some states and unemployment numbers are looking worse than ever.  While the overall stock market appears overstretched to most traders and investors, I have found three stocks ready to heat up […]
12/09/2020
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Global Stocks Rise After Wall Street Hits Record Highs

Global stock markets and U.S. futures rose this morning after major indexes on Wall Street hit record highs yet again.  Markets in Paris, London, Tokyo, Hong Kong and Seoul traded higher, while shares in Shanghai fell following a report that China’s consumer price index slipped 0.5% in November. However, experts […]
12/08/2020
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Stock Market Update: Tuesday, Dec. 8, 2020

Wall Street shrugged off a weak opening to close higher with the Nasdaq setting its fourth straight intraday all-time high — and more in Tuesday’s stock market update. The Dow and S&P 500 traded to fresh record highs as well following news of continued talks on another stimulus package between […]
12/08/2020
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Global Stock Markets Decline on COVID-19 Worries

Global stock markets and U.S. futures traded lower this morning as investors and traders continue to weigh the effects of rising COVID-19 infections in the U.S. and some other countries.  According to figures collected by John Hopkins University, the U.S. alone reported 175,633 new coronavirus cases and 1,113 deaths on […]
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