Although there have been quite a few warnings, we’ve had a pretty strong start to earnings season. And today it was bank earnings helping the major indices finish the day at 4-week highs. The day began on a positive note, with the major indices higher at the open. But after the positive start and a … Read more
U.S. stock futures were slightly higher on Wednesday, following a parliamentary defeat for British Prime Minister Theresa May’s Brexit deal. Dow futures were 76 points higher as of 2:12 a.m. ET, indicating a 26 point rise at the open, while S&P 500 and Nasdaq futures were also higher. Traders were digesting news that the U.K. … Read more
The major indices began the day slightly higher after China pledged more fiscal stimulus to stabilize their slowing economy. The rally continued in early trading but right around 10:00am stocks pulled back. Trading was sideways until a lunch rally pushed the major indices to session highs. Then around 2pm ET, the major indices pulled back … Read more
An extra $100 billion in new sales is up for grabs on Amazon this year in 2019. Whether you’re just getting started on Amazon or already sell multiple millions of dollars per year, you need to attend this event. SellerCon 2019 by Amazing is June 21-23, 2019 in Las Vegas, Nevada. Thousands of top Amazon … Read more
We’re just two weeks into 2019 — and many people actually believe the sky is falling. Especially in the financial markets. Yes, we’re more than three weeks into a partial government shutdown in the U.S. Global economic growth projections have fallen as the trade war drags on. But I promise you, things are NOT as … Read more
U.S. stock futures pared most of their gains Tuesday following the release of weaker-than-expected earnings from banking titan J.P. Morgan Chase. Dow Jones Industrial Average and S&P 500 futures erased their gains and pointed to a slight decline, while Nasdaq 100 futures indicated a small rise at the open. J.P. Morgan Chase shares fell 2.1 … Read more
Stocks start the week of with a loss after a back and forth trading session. This morning the major indices opened lower after weak Chinese trade data (exports declined 4.4% year-over-year in December and imports decline 7.6%). Stocks continued to drop in the first 10 minutes of the day, then started to rally. The major … Read more
Traders and investors are zoomed in on earnings reports as we walk into a new earnings season. My personal take is that I’m excited for earnings season to be over with so the headlines and ‘noise’ if you will can come to a potential halt, at least in the short term. Now in the next … Read more
Stocks traded lower on Friday as the U.S. government shutdown dragged on while worries over a possible slowdown in China also pressured equities. The Dow Jones Industrial Average fell 94 points as Caterpillar and Goldman Sachs lagged. The S&P 500 dipped 0.36 percent, led lower by a decline in the energy sector. The Nasdaq Composite … Read more
U.S. stock index futures were lower on Friday ahead of the release of key inflation data. At around 7:10 a.m. ET, Dow Jones Industrial Average futures fell 50 points, indicating a decline of 73.92 points at the open. Futures on the S&P 500 and Nasdaq 100 were trading lower. The latest CPI figures as well … Read more