Roger Scot
10/15/2020
Stocks closed mostly lower for the third straight session with small caps outperforming the major indexes — and more in Thursday’s stock market update. A weak jobs report and an increasingly bleak outlook for a near-term stimulus package pushed stocks lower on the open before a midday turnaround. Additionally, earnings […]
10/15/2020
With so many trading combinations at our disposal, how could you possibly know what the best pairs trade to take is? Or even the best way to implement it?! Don’t worry, folks. That’s why I’m here… As the name implies, a pairs trade is an approach that involves coupling a […]
10/15/2020
2020 is one of the wildest years Wall Street has seen. The coronavirus pandemic closed most parts of the world and its economies. However, as the stock market continues to recover, some of the fastest-gaining growth stocks stand to benefit immensely. A growth stock is a stock that’s anticipated to […]
10/15/2020
Global stock markets slipped this morning as investors started losing faith that U.S. leaders will create a new economic stimulus package prior to the Nov. 3 presidential election. Market sentiment faded Wednesday after U.S. Treasury Secretary Steven Mnuchin mentioned he and congressional leaders are “far apart” on reaching a deal […]
10/14/2020
The stock market struggled while closing lower for the second straight session after Treasury Secretary Steven Mnuchin said getting a stimulus deal done before the Nov. 3 election will be difficult — and more in Wednesday’s stock market update. Mnuchin said there has been progress on certain issues, but added […]
10/14/2020
Global stock markets are flat this morning as the count of coronavirus cases rose in multiple major economies, resulting in more business limitations. Independent monitors temporarily halted enrollment Tuesday in testing Eli Lilly and Co.’s (NYSE: LLY) COVID-19 experimental antibody therapy “out of an abundance of caution.” This came after […]
10/13/2020
The stock market settled lower following the start of the third-quarter earnings season — and more in Tuesday’s stock market update. Citigroup Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) reported better-than-expected headline earnings while Delta Air Lines Inc. (DAL) reported worse-than-expected losses and adjusted revenue. Stock Market […]
10/13/2020
Global stock markets are mixed this morning. Stocks turned lower in Europe after a mixed trading day in Asia. Shares fell in Paris and London, but edged up in Tokyo and Shanghai after China said its September exports rose 10% in dollar terms. If U.S. President Donald Trump doesn’t push […]
10/12/2020
Wall Street extended its winning streak to four straight sessions ahead of the start of the third-quarter earnings season — and more in Monday’s stock market update. In addition to a number of earnings reports from the nation’s biggest banks that start Tuesday, Wall Street is looking ahead to Apple […]