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Daily Commentary

Headline News: U.S. markets are set to open lower after a deadly virus outbreak in China, and a weak economic outlook from the IMF stalled the recent stock market rally. Chinese officials confirmed the coronavirus virus took six lives and that it can spread between humans. The news has raised fears of a possible global… Read More

Daily Commentary

Headline News: Wall Street is set to, once again, open at a new all-time high on Friday morning. Investors are encouraged by a slew of positive fourth-quarter earnings reports and indications of a healthy economy in China.  Alphabet (GOOG) was up 0.6% in premarket trading after posting an earnings beat, Qualcomm (QCOM) was up 1.4%,… Read More

Daily Commentary

Headline News: U.S. stock market futures are set to open near all-time highs to start a Thursday morning. The Dow Jones Industrial Average traded above 29,000 for the first time in history, helping add to the bullish tone on Wall Street to start the year. The signing of the Phase 1 trade deal and a… Read More

Daily Commentary

Headline News: U.S. stock futures were flat to start the day as traders review the details of the U.S.-China trade deal. Equity markets sold off late on Tuesday after Washington announced tariffs would likely remain on Chinese goods. Also., Bank of America (BAC) and Citigroup (C) reported better than expected earnings. Target Corp (TGT) was… Read More

Daily Commentary

Headline News: U.S. stock futures are set to open lower this morning a day after the S&P 500 achieved a new all-time high. JPMorgan (JPM) posted better than expected earnings based on its trading business. Also, Delta (DAL) posted better than expected earnings getting the 2019 fourth-quarter earnings season off to a good start. In… Read More

Daily Commentary

Headline News: U.S. stock futures are higher this morning as the U.S. and China Phase 1 trade deal is set to be signed on Wednesday. Also, earnings season starts this week, and investors will be watching to see how companies faired in the fourth quarter of 2019. This week JPMorgan (JPM), Morgan Stanley (MS), and… Read More

Daily Commentary

Headline News: Wall Street is set to open higher Friday morning at new all-time highs once again. The labor department’s nonfarm payrolls increased by 145,000 jobs in December, and the jobless rate held near a 50-year low of 3.5%.  Economist are now predicting that the Federal Reserve will stick with their assessment of the U.S.… Read More

Daily Commentary

Headline News: Wall Street is set for a positive open on Thursday after the U.S and Iran pulled back on military action, and on upbeat news about the U.S.-China Trade deal. The Phase 1 trade deal is set to be signed in Washington next week and should end the trade war between the two countries.… Read More

Daily Commentary

Headline News: Wall Street is set to open higher a day after Iran launched missiles at U.S. targets, but the Middle East country did signal no further escalation. Overnight S&P 500 futures were down as much at 1.7% but rallied after President Trump tweeted, “all is well.” The President is expected to address the nation… Read More

Daily Commentary

Headline News: U.S. stock futures are higher this morning after Monday’s market reversal off support and no escalation in geopolitical tensions. WTI crude was higher as much as 5.8% overnight but moved lower on the view that U.S. oil production can offset any disruptions in global production. Investors will focus on the U.S trade and… Read More

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