Stock Market News

Stocks continue to rally: S&P now positive for 2020

Stock Market Update Monday, June 8th, 2020 It was another exciting day of trading, with stocks rallying on optimism over the reopening of the economy. Here’s what traders were focused on today: Jobs – Instead of a pause in the rally, which can happen after a big move higher, stocks were up again at the […]

Continue reading

Great News: Stocks go crazy after FANTASTIC jobs report…

Stock Market Update Friday, June 5th, 2020 Today it was all about jobs. And to put it bluntly, traders were SHOCKED with this morning’s Jobs Report! According to Yahoo Finance, more than 2.5 million jobs were added in May. But traders were expecting 8 million job losses instead! The big jump in jobs put the […]

Continue reading
1

The BEST 50-day rally EVER…

Stock Market Update Wednesday, June 3rd, 2020 Stocks opened higher and never looked back! The rally came after better than expected data. Today’s ADP Non-Farm Employment Change was a big surprise. The report showed that private sector jobs fell by 2.76 million in May, much lower than the 8.75 million estimate. And ISM on-manufacturing data […]

Continue reading

Stocks jump to best level in 8 weeks on positive vaccine news

Stock Market Update Tuesday, May 26th, 2020 Stocks kicked off the short week of trading with a bang. Yesterday, U.S. markets were closed in observance of Memorial Day. But futures were open for a short trading session and ended higher. Then today, index futures rallied overnight and stocks were up nicely at the open. Here’s […]

Continue reading

Today’s market action felt like deja vu

Stock Market Update Friday, May 22nd, 2020 Stocks were quiet ahead of the 3-day holiday weekend. And surprisingly, it feels a little like business as usual for the markets…stocks are rallying towards highs and the U.S. and China can’t get along! 😉

Continue reading