Category: Daily Wrap

U.S. stocks rallied to a seven-week high on better-than-estimated revenue for Google’s parent company and hopes for a coronavirus treatment...

The major averages lost some momentum and crude oil had another turbulent day. The day started with broad gains on...

Asian markets and index futures gained at the start of the new week after the Bank of Japan lifted its...

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Initial Claims showed that 4.427 American’s filed for unemployment, or 26 million over the last 5 weeks. Today was the...

Index futures gained with Europe overnight as sentiment got a reprieve from the chaos in crude oil. WTI crude was...

It was another chaotic day in crude futures. The May WTI contract officially expired at $10.01/bbl after falling negative yesterday,...

We’ve seen a lot of historic things over the last 2 months, today was another historic day. WTI crude futures...

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The stock market closed mixed as investors responded to another round of weak economic data by continuing to buy shares...

It’s funny to watch CNBC. Tuesday everyone wanted to buy everything. The bottom was in as far as everyone was...

Index futures got a lift overnight on better-than-feared trade data from China. Stocks continued to express optimism in an economic...

The S&P fell 1% today. While a fairly small pull back considering last week’s gains, it does follow in the...

Happy Passover and Happy Easter. The theme of the week was from worst to first. The market rallied strongly on...

The averages revisited, or tried to revisit intraday highs from Tuesday after a brief consolidation. The market narrative and optimism...

Stocks jumped out of the gate this morning after markets across Asia and Europe had another good showing overnight. The...

The averages put in 7+% gains to start the shortened trading week (Good Friday holiday). Over the weekend US President...

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After a day like this, it’s time for a bear or glass of wine. Initial claims spiked by 3.341 million...

Another record breaking stat, today was the worst start to a quarter since 1932 (the Great Depression). Wall Street’s “narrative”...