The Markets (as of market close May 22, 2020) The major benchmarks opened the week on a high note, led by the Russell 2000, which gained more than 6.0%. The large caps of the Dow (3.85%) and S&P 500 (3.15%)… Read More

The Markets (as of market close May 15, 2020) Stocks opened the week with mixed returns. The S&P 500 stayed level, the Dow fell by almost half a point, and the Nasdaq finished the day up three-quarters of a percent…. Read More

The Markets (as of market close May 8, 2020) Investors seem to be continuing to move toward stocks despite unfavorable economic data. New scientific and medical developments in the battle against COVID-19 offer some hope. Last Monday saw stocks rebound from losses… Read More

Stocks closed lower on Friday, and for the week. But for proper context, they just finished their best month in decades with the Dow up 11.08%, the S&P up 12.68%, and the Nasdaq up 15.44%. So nobody should be surprised… Read More

Stocks soared yesterday on encouraging test results for a treatment on the coronavirus. Reports that Gilead’s drug Remdesivir performed well in a controlled study lifted the market. That news was cheered as it gets us one step closer to beating… Read More

Wall Street is becoming increasingly positive this morning on the idea that a vaccine might be available this year by Pfizer. Momentum in vaccine development would be an incremental catalyst on top of economic restarts. A vaccine could allow individuals to interact… Read More

Morning Market Commentary: Governments and central banks everywhere have pledged to support the global economy. Countries in Europe and U.S. states are pushing to restart their economies. The sooner asset managers think the outbreak is under control, the sooner they… Read More

Roughly one-third of the S&P 500 Index reports earnings this week. Investor cash levels continue to creep higher. Decent to better than expected earnings and guidance could prove to be a positive catalyst for the stock market. This is a… Read More

Stocks ended narrowly mixed after spending much of the day solidly in the green. Yesterday’s Weekly Jobless Claims report showed another 4.43 million people filed for unemployment. Another big, ugly number. But it was better than last week’s 5.2 million…. Read More

Is the bear market over, and a new bull market has begun? The Dow, on March 26th, after just 11 days in bear market territory (the shortest bear market ever), came roaring back to close up by 21.3% from its… Read More