Market Review: November 27, 2020

Closing Recap Friday, November 27, 2020 Index Up/Down % Last DJ Industrials 38.56 0.13% 29,911 S&P 500 9.04 0.25% 3,638 Nasdaq 11.44 0.92% 12,205 Russell 2000 10.25 0.56% 1,855   Equity Market Recap ·     As expected, trading volumes were thin and news quiet as major averages closed out an abbreviated week with solid gains. The Russell 2000 outperformed with a more … Read More

Weekly Event Calendar: 11/30/2020 – 12/04/2020

What’s on Tap Weekly Calendar   Monday November 30th  Economic Calendar:  ·     9:45 AM EST              Chicago PMI for November ·     10:00 AM EST            Pending Home Sales MoM for October ·     10:30 AM EST            Dallas Fed Manufacturing for November   Earnings Calendar: ·     Earnings Before the Open: ADNT ·     Earnings After the Close: EMKR, ZM   Other Key Events: ·     Caixin Manufacturing PMI for November ·     Cowen Cannabis Conference (virtual), 11/30-12/2 … Read More

Morning Preview: November 27, 2020

Early Look Friday, November 27, 2020 Futures Up/Down % Last DJ Industrials 75.00 0.22% 29,893 S&P 500 7.50 0.21% 3,634 Nasdaq 43.50 0.36% 12,196     Stocks are looking higher on this holiday shortened week, looking to close out a month of historic gains in some cases, with the Dow Jones Industrials, Russell 2000, Dow Transport Index and Nasdaq Composite … Read More

Market Review: November 25, 2020

Closing Recap Wednesday, November 25, 2020 Index Up/Down % Last DJ Industrials -173.50 0.58% 29,872 S&P 500 -5.73 0.16% 3,629 Nasdaq 57.08 0.47% 12,094 Russell 2000 -8.50 0.46% 1,845   Equity Market Recap ·     U.S. stocks finish mixed as the tech heavy Nasdaq Composite led today’s outperformance (touching fresh record highs), while the S&P 500, Russell 2000 and Dow Jones ended … Read More

Mid-Morning Look: November 25, 2020

Mid-Morning Look Wednesday, November 25, 2020 Index Up/Down % Last   DJ Industrials -152.83 0.51% 29,893 S&P 500 -11.46 0.32% 3,623 Nasdaq 4.63 0.04% 12,041 Russell 2000 -19.70 1.15% 1,832     U.S. stocks with a slight pullback after massive runs the last two weeks, with the Dow Jones Industrials (back below the 30,000 level after topping for the first … Read More

Morning Preview: November 25, 2020

Early Look Wednesday, November 25, 2020 Futures Up/Down % Last DJ Industrials -51.00 0.17% 29,947 S&P 500 -1.50 0.03% 3,631 Nasdaq 31.50 0.26% 12,107     U.S. stock futures are mixed, a day after the Dow Jones Industrial Average topped the 30,000 for the first time (and closed above), while the Dow Transports and Russell 2000 also touched record highs, … Read More

Market Review: November 24, 2020

Closing Recap Tuesday, November 24, 2020 Index Up/Down % Last DJ Industrials 454.57 1.54% 30,045 S&P 500 57.82 1.62% 3,635 Nasdaq 156.15 1.31% 12,036 Russell 2000 35.24 1.94% 1,853   Equity Market Recap ·     Stocks picking up steam into the Thanksgiving Day holiday as Wall Street continues to bet on a 2021 recovery! We’ve had the recovery trade, the vaccine trade, … Read More

Mid-Morning Look: November 24, 2020

Mid-Morning Look Tuesday, November 24, 2020 Index Up/Down % Last   DJ Industrials 377.94 1.28% 29,969 S&P 500 32.66 0.91% 3,610 Nasdaq 24.18 0.20% 11,905 Russell 2000 22.69 1.25% 1,840     Wall Street opens sharply higher following news of President Trump finally approving the start of the formal transition process to President-elect Joe Biden, ending weeks of political uncertainty. … Read More

Morning Preview: November 24, 2020

Early Look Tuesday, November 24, 2020 Futures Up/Down % Last DJ Industrials 315.00 1.08% 29,865 S&P 500 29.50 0.82% 3,605 Nasdaq 46.50 0.39% 11,951     Stock futures are surging yet again, boosted by news that U.S. President-elect Joe Biden was given the go-ahead to begin his White House transition, which added to an already brighter mood from progress made … Read More

Market Review: November 23, 2020

Closing Recap Monday, November 23, 2020 Index Up/Down % Last DJ Industrials 330.02 1.13% 29,593 S&P 500 20.18 0.57% 3,577 Nasdaq 25.66 0.22% 11,880 Russell 2000 32.96 1.85% 1,818   Equity Market Recap ·     U.S. stocks push higher following mixed results last week (S&P and Dow had slipped as Nasdaq rose) with the same sectors that have recently paced market gains … Read More