Mid-Morning Look: February 02, 2023

Mid-Morning Look Thursday, February 02, 2023 Index Up/Down % Last   DJ Industrials -184.71 0.54% 33,908 S&P 500 35.08 0.85% 4,154 Nasdaq 253.15 2.14% 12,069 Russell 2000 15.74 0.80% 1,976     U.S. stocks mixed as the S&P, Nasdaq and Russell 2000 extend 2023 gains on central bank commentary/actions as well as earnings results (META lifts tech), while the Dow … Read More

Morning Preview: February 02, 2023

Early Look Thursday, February 2, 2023 Futures Up/Down % Last Dow -46.00 0.13% 34,103 S&P 500 21.25 0.51% 4,153 Nasdaq 168.50 1.35% 12,583     The market euphoria continues as the Nasdaq Composite and S&P 500 extends gains further, with S&P futures rising +0.5% above 4,150 while Nasdaq futures surge +1.35% to 12,580 after META jumps 19% as cost cuts … Read More

Market Review: February 01, 2023

Closing Recap Wednesday, February 01, 2023 Index Up/Down % Last DJ Industrials 8.56 0.03% 34,094 S&P 500 42.89 1.05% 4,119 Nasdaq 231.77 2.00% 11,816 Russell 2000 28.88 1.49% 1,960   Equity Market Recap ·     Markets were waiting for fireworks at the Federal Reserve policy meeting and press conference and boy did they get it! Stock markets were modestly weaker heading into … Read More

Mid-Morning Look: February 01, 2023

Mid-Morning Look Wednesday, February 01, 2023 Index Up/Down % Last   DJ Industrials -218.82 0.64% 33,867 S&P 500 -12.74 0.31% 4,063 Nasdaq -23.00 0.20% 11,561 Russell 2000 -0.81 0.04% 1,931     After a late day run-up to close at highs on Tuesday into the FOMC policy meeting, markets moving sideways as expected this morning as investors await the Fed … Read More

Morning Preview: February 01, 2023

Early Look Wednesday, February 1, 2023 Futures Up/Down % Last Dow -139.00 0.41% 34,017 S&P 500 -13.25 0.32% 4,076 Nasdaq -24.50 0.20% 12,127     US equity futures are lower, after the strong run-up into NY close on touted month-end buying. S&P futures slide -0.3% to 4,076.50, trading in a narrow 15-point range overnight (4,086 high and 4,071 low) ahead … Read More

Market Review: January 31, 2023

Closing Recap Tuesday, January 31, 2023 Index Up/Down % Last DJ Industrials 369.80 1.10% 34,086 S&P 500 58.93 1.47% 4,076 Nasdaq 190.74 1.67% 11,584 Russell 2000 46.22 2.45% 1,931   Equity Market Recap ·     After a one-day pullback Thursday following a massive January stock market run, major averages resumed the upward euphoric momentum into a round of key earnings tonight/tomorrow and … Read More

Mid-Morning Look: January 31, 2023

Mid-Morning Look Tuesday, January 31, 2023 Index Up/Down % Last   DJ Industrials 72.49 0.22% 33,789 S&P 500 22.92 0.57% 4,040 Nasdaq 93.67 0.82% 11,487 Russell 2000 14.30 0.76% 1,900     U.S. stocks trading at highs, recover off overnight losses as another inflation data point pointed to further deceleration with the Q4 employment cost index (ECI) rising +1.0%, lowest … Read More

Morning Preview: January 31, 2023

Early Look Tuesday, January 31, 2023 Futures Up/Down % Last Dow -137.00 0.40% 33,648 S&P 500 -16.25 0.40% 4,016 Nasdaq -66.50 0.56% 11,901     After a tremendous start to January thru last week, as the S&P was up over 5% and the Nasdaq over 11% for its best start to a year in a decade, U.S. stocks are looking … Read More

Market Review: January 30, 2023

Closing Recap Monday, January 30, 2023 Index Up/Down % Last DJ Industrials -260.40 0.77% 33,717 S&P 500 -52.66 1.29% 4,017 Nasdaq -227.90 1.96% 11,393 Russell 2000 -25.74 1.35% 1,885   Equity Market Recap ·     US equities faced a give-back day, with both the NASDAQ and S&P 500 tracking along overnight losses for much of the day before beginning the final hour … Read More

Mid-Morning Look: January 30, 2023

Mid-Morning Look Monday, January 30, 2023 Index Up/Down % Last   DJ Industrials 64.63 0.19% 34,042 S&P 500 -11.45 0.28% 4,059 Nasdaq -88.48 0.76% 11,533 Russell 2000 -10.78 0.56% 1,900     U.S. stocks slip on the open ahead of a monumental week of macro news, data, and earnings – but quickly pare losses as the theme to start 2023 … Read More