Roger Scot
09/11/2020
The residential housing market is hot, hot, HOT. Even (socially distanced) strangers at the grocery store are telling me it’s a seller’s market. Thanks to an uptick in mortgage applications along with mass refinancing, consumer credit companies are seeing more action than usual. In fact, credit inquiries were up nearly […]
09/11/2020
Before I jump into today’s stock market update, I’d like to give a big shoutout to America’s first responders, heroes and veterans. All of our hearts here at WealthPress go out to everyone impacted by the September 11 attacks. Moving onto the markets, global shares are mixed this morning as […]
09/11/2020
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.
09/10/2020
Global stock markets opened lower this morning as Wall Street continued to eye the recent volatility in tech stocks. While a new coronavirus economic aid package in the U.S. is at a standstill in Congress, some investors and traders are encouraged by the possibility of additional stimulus from the European […]
09/10/2020
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.
09/09/2020
Right around this time of day, you’d usually see me do a stock market update or review video. But today I want to do something different. The reason for that is easy: The market still has room for more potential downside like we’ve seen the past few trading days. While […]
09/08/2020
Over the past several months, I’ve been picking the strongest stocks and sectors to help you ride out the current economic storm. But today, I figured I’d do something a little different. The reason for that is simple: One of my favorite chart patterns is setting up right now. I […]
09/08/2020
Global stock markets are mixed this morning. European shares edged lower amid little gains in Asia, while U.S. futures slipped. The Japanese government also announced today that its economy shrank at a far worse rate than initially expected during the April-June quarter. The country’s seasonally adjusted real gross domestic product […]
09/08/2020
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.