14-01-2021
The NASDAQ gained 0.43% (or about 56 points) to 13,128.95. The FAANGs were all positive on the day, especially Netflix (NASDAQ: NFLX, +2.7%), Apple (NASDAQ:AAPL, +1.6%) and Amazon (NASDAQ:AMZN, +1.4%). The S&P advanced 0.23% to…
18-12-2020
Investors are more excited by the electric car-maker Tesla (NASDAQ:TSLA). At Thursday’s close, its shares were up more than 650% this year, making it the best performer on NASDAQ. That remarkable turnaround came despite the plague…
17-12-2020
Stocks have been on a roller coaster over the last few months. The stock market went from all-time highs to all-time lows in just a matter of weeks. Investors are asking if they should take…
16-12-2020
Global markets as well as futures on the Dow, S&P, NASDAQ and Russell 2000 remained in positive territory on Wednesday, as traders were upbeat on prospects for a Brexit deal, passage of another round of US stimulus, COVID-19 vaccine progress and…
15-12-2020
Despite ongoing negative news on the spread of the coronavirus pandemic, contracts on the Dow, S&P, NASDAQ and Russell 2000 were up on Tuesday as vaccinations began in the US and Canada. European stocks continued…
14-12-2020
people keep 7%-8% of their income in savings and that is what Americans also do. This year, though, that rate surged over 33%. According to the FDIC, more than $2 trillion has been stockpiled into…
11-12-2020
The implied inflation forecast via Treasury yield spreads continues to creep higher, but today’s November report on consumer prices is expected to reaffirm that pricing pressure remains muted. With the US suffering another coronavirus wave,…
10-12-2020
In natural gas, there’s more than one way to ascertain how prices are likely to shape this winter. The cold, of course, is one gauge. The other: the so-called widow-maker spread between Henry Hub’s March and…
08-12-2020
The European Central Bank moves to center stage this week, after hinting that it will top up its pandemic emergency purchase program from the current €1.35 trillion. The resurgence of COVID-19 in Europe and the dip into…
08-12-2020
When coronavirus fades, the general economy is expected to bounce back. Getting to specifics, Credit Suisse Chief U.S. Equity Strategist Jonathan Golub sees economic momentum moderating post-pandemic, and sets a one-year target for the S&P…
