Roger Scot
10/20/2020
Global stock markets are subdued this morning as hopes dwindle that a fresh U.S. economic stimulus deal will be reached before the presidential election on Nov 3. Although local governments are doing everything they can to prevent a second wave of COVID-19 from happening, conditions in Europe just keep getting […]
10/19/2020
The stock market showed strength at the open before falling hard as hopes a final push for a coronavirus stimulus ahead of the presidential election fueled sentiment — and more in Monday’s stock market update. House Speaker Nancy Pelosi, D-Calif., said over the weekend that Treasury Secretary Steven Mnuchin must […]
10/19/2020
Global shares opened strong this morning after China reported its economy advanced at a 5% annual pace during the third quarter. S&P 500 and Dow futures rose, while most Asian benchmarks also advanced. China was the first economy hit hard by the coronavirus outbreak, and the first to begin reopening […]
10/16/2020
The stock market was mixed following a solid September retail sales report, with the fifth consecutive sales gain coming in much better than expected — and more in Friday’s stock market update. News that Pfizer Inc. (NYSE: PFE) could apply for emergency-use authorization of its vaccine by late November also […]
10/16/2020
Global stock markets are mixed this morning as concerns rise over the U.S. presidential election and a new economic stimulus package. There has also been a resurgence in COVID-19 cases — and that has everyone worried. Markets have been wary this week as rising coronavirus infections prompted new social distancing […]
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 […]