Roger Scot
12/10/2020
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
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
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
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
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
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
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
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 […]
12/07/2020
Wall Street was mixed throughout, with Tech and the small caps outperforming as economic news and earnings were light — and more in Monday’s stock market update. More good news about coronavirus vaccines and delivery dates helped offset some of the mild profit-taking following Friday’s fresh closes at all-time highs. […]