Roger Scot
09/06/2020
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.
09/04/2020
In the past month or so, consumer discretionary spending and retail data has been exceedingly positive. You’re probably thinking to yourself: “Retail sales, really?” Let me show you something interesting… When the virus struck, spending moved from traditional brick-and-mortar sales to online. In fact, Target’s online sales increased 197% quarter […]
09/04/2020
If you tuned into my last video, then you already know the software as a service sector is exploding. The reason why businesses and consumers love the industry is simple: There are huge profit margins, recurring revenue and incredible customer loyalty. Analysts at Baird Capital even upgraded the entire sector […]
09/04/2020
As most of you know, I’ve always been a big fan of software stocks even before the pandemic hit. Why wouldn’t I be? The sector is up more than 30% year to date, compared to the S&P 500’s measly 3%. But with the prices of what I call the “usual […]
09/04/2020
World stock markets are mixed this morning. Shares in Europe opened higher while Asia-Pacific stocks dropped after Thursday’s sell-off. The S&P 500 suffered its biggest loss since June, giving up 3.5%. The Nasdaq lost 5% as our beloved tech stocks — Apple, Amazon and Facebook stumbled 8%, 4% and 3.8%, […]
09/04/2020
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.
09/03/2020
Global stock markets rose this morning after Wall Street posted its largest daily gains since July. Shares in London, Frankfurt and Tokyo advanced while Shanghai declined. At the moment, investors and traders are enthusiastic about central banks’ infusions of credit into troubled economies, and a potential vaccine to end the […]
09/03/2020
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.
09/02/2020
Global stock markets rose this morning after better-than-expected overnight economic data lifted investor sentiment. Despite many economies around the world battling recessions, the U.S. Commerce Department reported July’s construction spending increased, ending a slew of losses caused by the coronavirus pandemic. But the real question is: Will the trend last […]