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11/02/2020
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Global Stocks Point Higher Following Positive Chinese Data

Global stock markets traded higher this morning after positive developments in Chinese and European manufacturing. However, investors are worried that new safety measures to control COVID-19 might put a damper in this.  Europe’s industrial output report reiterated an increase seen in the Caixin manufacturing PMI, an indicator designed to give […]
10/30/2020
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Stock Market Update: Friday, Oct. 30, 2020

Wall Street ended the week in the red as better-than-expected earnings after Thursday’s close failed to excite investors — and more in Friday’s stock market update. Despite a number of earnings and revenue beats, a few big tech companies were cautious for the rest of 2020 and into next year. […]
10/30/2020
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The Bears are Rising — That’s Good for a Market Rally

We ended October with a painful week of trading just ahead of a presidential election, but I expect a new stock market rally to develop into the year’s end.  Of course, that doesn’t mean we won’t see a few more big declines in the coming days. But those will be […]
10/30/2020
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Global Stocks Trade Lower as US Presidential Election Nears

Global stocks and U.S. futures traded lower this morning as everyone waits for the results of Tuesday’s U.S. presidential election, and whether Washington and Europe will deliver more economic stimulus.  Shares in London and Frankfurt opened lower as Tokyo, Hong Kong and Seoul also fell. And after a mixed trading […]
10/29/2020
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Stock Market Update: Thursday, Oct. 29, 2020

Wall Street rebounded while showing overall strength for the first time in four sessions as better-than-expected economic news lifted spirits — and more in Thursday’s stock market update. The gains weren’t enough to offset the prior session’s losses, with the major indexes still down substantially for the week. Stock Market […]
10/29/2020
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WARNING: The Stock Market’s Most Important Chart Flashes Signal

Today I’d like to show you the stock market’s most important chart because it is flashing a major warning signal.  Before we get to it, I will say it has both nothing and everything to do with the upcoming election, the coronavirus pandemic and the current state of the economy… […]
10/29/2020
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Global Stocks Mixed After Wall Street Sell-Off

Global stock markets were choppy this morning after Asian benchmarks suffered slight losses as a result of Wall Street’s sell-off on Wednesday and surging coronavirus cases.  Shares opened higher in Europe after French President Emmanuel Macron put extensive measures in place to control the virus on top of German officials […]
10/28/2020
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Stock Market Update: Wednesday, Oct. 28, 2020

Wall Street showed continued weakness as concerns over the run-up in coronavirus cases, renewed restrictions in Europe and fears of more punitive lockdowns on the way in the U.S. weighed on sentiment — and more in Wednesday’s stock market update.  The stimulus negotiations are likely done but President Donald Trump […]
10/28/2020
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COVID-19 Infections Rattle Global Stock Markets

Global stock markets traded lower this morning as countries continue to grapple with the rising number of coronavirus cases.  Some local governments have already applied new restrictions, such as curfews and restricted travel, to contain the virus. However, new preventative measures could tamper with economic progress that’s been made since […]
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