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Daily Commentary

Headline News: U.S. stock markets are set to open lower on Tuesday and the Dow is poised to post the worst first quarter in history.  The Dow moved higher by 700 points on Monday as investors were encouraged by announced approaches to contain the pandemic. President Trump extended the social distancing timeline to April 30th,… Read More

Daily Commentary

Headline News: U.S. stock futures were set to open flat to start the week after a weekend where coronavirus cases continued to rise. Data out Johns Hopkins University showed more than 713,000 instances globally, and the U.S.A had the most cases with over 136,000. A 5% drop in crude prices is also weighing on trading… Read More

Daily Commentary

Headline News: S&P 500 futures are set to open lower on fears the coronavirus may continue to spread, and the U.S. may become the next global epicenter, according to the World Health Organization.  Although the three-day rally has been impressive, there are still fears of how bad the epidemic will affect the economy. The United… Read More

Daily Commentary

Headline News: U.S. stock markets are set to open lower after the domestic jobless claim report came in at a record-breaking 3.28 million Thursday morning. The report adds to the ongoing fears of how bad the coronavirus will affect the U.S. economy.  Traders are now expecting the volatility in markets to continue until there is… Read More

Daily Commentary

Headline News: Wall Street is set to open lower this morning over continued fears of the economic threat from the coronavirus. A $ 2trillion stimulus deal being passed soon helped the S&P 500 rally 9.4% on Tuesday, but traders worry that the agreement was already priced into the markets. Fears of continued spread of the… Read More

Daily Commentary

Headline News: The S&P 500 futures were up as much as 106 points to start the day due to a possible stimulus package being passed. Senator Schumer and Treasury Secretary Munuchin reportedly said a relief bill is close to being passed later today. Global markets were up as much as 2% to start the day… Read More

Daily Commentary

Headline News: U.S. stock futures are set to open higher to start the week after the Federal Reserve took historic steps to support U.S. households. The Fed announced they would now lend against student loans and credit card loans, and they will become a buyer of larger companies’ bonds. S&P 500 futures popped up over… Read More

Daily Commentary

Headline News: Wall Street is set to open higher today after additional monetary measures were put in place to try and calm investor sentiment. Even more, policies are expected soon, including a $1 trillion package, which would include direct financial help for Americans. A Reuters poll of economist showed the global economy already in a… Read More

Daily Commentary

Headline News: Wall Street is set to open lower as global stimulus action failed to calm fears that the coronavirus epidemic will cause a recession this year. Last night, the Federal Reserve increased its support for the flow of credit into the U.S. economy by creating a Money Market Fund Liquidity Facility (MMLF). The European… Read More

Daily Commentary

Headline News: U.S. stock markets are set for a lower open on Wednesday after announced stimulus failed to encourage Wall Street. President Trump called for a $1 trillion stimulus package that includes a $1,000 direct payment to individual Americans. Markets rallied on the news but look set to move lower again today. Fears of financial… Read More

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