Market Review: May 14, 2021

Closing Recap Friday, May 14, 2021 Index Up/Down % Last DJ Industrials 359.30 1.06% 34,380 S&P 500 61.24 1.49% 4,173 Nasdaq 304.9 2.32% 13,429 Russell 2000 53.43 2.46% 2,224   Equity Market Recap ·     Up, up, and away as stocks finished sharply higher on the day, but still posted losses on the week, as investors scooped up beaten up high growth … Read More

Mid-Morning Look: May 14, 2021

Mid-Morning Look Friday, May 14, 2021 Index Up/Down % Last   DJ Industrials 255.97 0.75% 34,277 S&P 500 44.82 1.09% 4,157 Nasdaq 223.72 1.70% 13,348 Russell 2000 32.99 1.52% 2,204     U.S. stocks again in rally mode, with major averages paring weekly losses as Treasury yields remain subdued and investors overlook another round of weaker economic data point as … Read More

Weekly Event Calendar: 05/17/2021 – 05/21/2021

What’s on Tap Weekly Calendar   Monday May 17th Economic Calendar:  ·     8:30 AM EST               Empire Manufacturing Index for May ·     10:00 AM EST             NAHB Housing Market Index for May ·     4:00 PM EST               Net Long-term TIC Flows for March   Earnings Calendar: ·     Earnings Before the Open: ACTG, ALT, CLOV, COMS, IBIO, JAGX, LORL, MARK, ONDS, PAVM, PCT, PIRS, PRPL, RAIL, RIDE, RMBL, SRAX, TWNK, VEI … Read More

Morning Preview: May 14, 2021

Early Look Friday, May 14, 2021 Futures Up/Down % Last Dow 136.00 0.40% 34,074 S&P 500 23.25 0.58% 4,130 Nasdaq 132.00 1.01% 13,232     Stocks are looking to extend Thursday’s gains where major averages snapped their three-day losing streak, as investors overlooked another data point showing a jump in inflation (PPI surged Thursday after CPI’s sharp spike the day … Read More

Market Review: May 13, 2021

Closing Recap Thursday, May 13, 2021 Index Up/Down % Last DJ Industrials 433.32 1.29% 34,020 S&P 500 49.39 1.22% 4,112 Nasdaq 93.31 0.72% 13,124 Russell 2000 35.48 1.66% 2,170   Equity Market Recap ·     U.S. stocks finished higher across the board, with major averages snapping their three-day losing streak, getting a nice bounce off lows mid-afternoon following CDC “mask” related guideline … Read More

Mid-Morning Look: May 13, 2021

Mid-Morning Look Thursday, May 13, 2021 Index Up/Down % Last   DJ Industrials 510.16 1.52% 34,097 S&P 500 59.00 1.45% 4,122 Nasdaq 189.48 1.47% 13,222 Russell 2000 42.36 1.98% 2,177     Stocks rebound broadly as major averages on track to snap their 3-day losing streak after data showed fewer Americans filed for weekly jobless claims, while investors shrugged off … Read More

Morning Preview: May 13, 2021

Early Look Thursday, May 13, 2021 Futures Up/Down % Last Dow -184.00 0.55% 33,324 S&P 500 -13.25 0.34% 4,045 Nasdaq -28.50 0.22% 12,970     U.S. stock futures are sliding, extending declines from earlier this week as rising inflation expectations have ramped up following the hottest CPI price increase in 12-years yesterday. The data comes ahead another key inflation report … Read More

Market Review: May 12, 2021

Closing Recap Wednesday, May 12, 2021 Index Up/Down % Last DJ Industrials -682.09 1.99% 33,587 S&P 500 -89.20 2.15% 4,062 Nasdaq -357.74 2.67% 13,031 Russell 2000 -71.85 3.26% 2,135   Equity Market Recap ·     U.S. stocks sink across the board as inflation data rises to its highest levels in 12-years, renewing concerns that the U.S. economy is running to “hot” and … Read More

Mid-Morning Look: May 12, 2021

Mid-Morning Look Wednesday, May 12, 2021 Index Up/Down % Last   DJ Industrials -185.39 0.54% 34,083 S&P 500 -31.80 0.77% 4,120 Nasdaq -192.58 1.43% 13,197 Russell 2000 -18.72 0.83% 2,188     U.S. stocks sink to start the day following a “hotter” than expected inflation reading as April Consumer Prices (CPI) rises 0.8% vs. est. 0.2% and core CPI MoM … Read More

Morning Preview: May 12, 2021

Early Look Wednesday, May 12, 2021 Futures Up/Down % Last Dow -68.00 0.20% 34,115 S&P 500 -8.25 0.21% 4,137 Nasdaq -50.50 0.37% 13,296     U.S. futures are trending lower ahead of key inflation data at 8:30 AM (and tomorrow) in the form of consumer prices (with producer prices (PPI) data tomorrow), as investors still fearful of rising prices even … Read More