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Daily Commentary

Headline News: U.S. stock futures are set to open higher on hopes the Federal Reserve will keep interest low for the rest of the year. The FOMC will release its policy statement at 2 p.m. ET, followed by Fed Chairman Jerome Powell’s news briefing. Both are expected to present a more robust outlook for the… Read More

Daily Commentary

Headline News: U.S stock futures are higher after China suggested new optimism about an economic rebound and potential new stimulus from the Federal Reserve. China’s industrial output accelerated the most in eight months, and its retail sales grew for the first time this year. The U.S. central bank could switch treasury purchases toward more long-dated… Read More

Daily Commentary

Headline News: U.S. stock futures are higher on news of progress on a possible COVID-19 vaccine after the S&P 500 was lower for two straight weeks. AstraZeneca (AZN) reported they resumed its vaccine trials in the United Kingdom, and Pfizer (PFE) proposed expanding its Phase 3 pivotal COVID-19 trial to about 44,000 participants. Also, this… Read More

Daily Commentary

Headline News: U.S. stock futures are higher to start the day after Oracle (ORCL) beat quarterly estimates and announced a possible recovery in client spending. The news had the stock up 3.4% in pre-market trading along with Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Netflix (NFLX) all up 1% before the market opens. Investors appear… Read More

Daily Commentary

Headline News: S&P 500 futures are slightly lower after the weekly jobless claims came in lower than expected this morning. The Labor Department reported 884,000 vs. estimates of 850,000, and continuing claims totaled 13.85 million, which was an increase of 93,000 from last week. Investors are faced with the possibility of a slowing economy and… Read More

Daily Commentary

Headline News: U.S. stock futures are higher to start the day as bargain-hunting investors are buying tech stocks that recently sold off. This morning, Nasdaq futures had gained 1.3%, and S&P 500 futures had gained 0.5%. The futures were lower to start the day after AstraZeneca (AZN) said a late-stage trial of its Covid-19 vaccine… Read More

Daily Commentary

Headline News: U.S. stock futures are lower to start the week due to selling in mega-cap growth companies and another tech stocks route. S&P 500 futures were down 1.5%, and the Nasdaq futures were down 3.5% at one point this morning. Concerns over the tension between the U.S. and China and worries about a weak… Read More

Daily Commentary

Headline News: U.S. stock futures are higher after a better than expected jobs report was released this morning. The Labor Departments Nonfarm payrolls increased by 1.371 million jobs in August, missing economist estimates, but the unemployment rate fell from 10.2% in July down to 8.4% in August, beating estimates. Most of the job gains have… Read More

Daily Commentary

Headline News: U.S. stock futures are higher this morning after robust earnings reports and a rally in global markets. Zoom Video (ZM) surged 31% in pre-market trading after a strong earnings report and upbeat forward guidance. Tesla (TSLA) was also higher in early trading after announcing the company plans to sell up to $5 billion… Read More

Daily Commentary

Headline News: U.S. stock futures were higher to start a new week as traders are upbeat about an improving economy and continued support from the Federal Reserve. The Fed is now committed to keeping interest rates low for the foreseeable future and allowing for a rise in inflation. Also, more positive data in vaccines and… Read More

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