Market Review: April 30, 2021

Closing Recap Friday, April 30, 2021 Index Up/Down % Last DJ Industrials -181.36 0.53% 33,879 S&P 500 -30.26 0.72% 4,181 Nasdaq -119.86 0.85% 13,962 Russell 2000 -29.02 1.26% 2,266   Equity Market Recap ·     Stocks may have finished the day lower, but major averages still finished the month roughly 5% higher, led by better quarterly earnings (over 85% EPS beat rate … Read More

Mid-Morning Look: April 30, 2021

Mid-Morning Look Friday, April 30, 2021 Index Up/Down % Last   DJ Industrials -199.03 0.58% 33,861 S&P 500 -22.12 0.53% 4,189 Nasdaq -31.96 0.23% 14,049 Russell 2000 -5.87 0.26% 2,289     Stocks open lower in a bout of early profit taking following a good week of earnings, economic data, dovish Fed comments and another government stimulus proposal (Biden’s American … Read More

Weekly Event Calendar: 05/03/2021 – 05/07/2021

What’s on Tap Weekly Calendar   Monday May 3rd Economic Calendar:  ·     9:45 AM EST               Markit Manufacturing PMI, Apr-F ·     10:00 AM EST             Construction Spending MoM for March ·     10:00 AM EST             ISM Manufacturing PMI for April   Earnings Calendar: ·     Earnings Before the Open: BELFA, CNA, DSPG, EL, EPD, GPRE, ITRI, KPTI, L, ON, PETS, RMBS, SBT, WEC ·     Earnings After the Close: ADC, ADUS, AWK, BCEI, … Read More

Morning Preview: April 30, 2021

Early Look Friday, April 30, 2021 Futures Up/Down % Last Dow -143.00 0.42% 33,808 S&P 500 -23.25 0.55% 4,180 Nasdaq -108.50 0.77% 13,845     U.S. stock futures are edging slightly lower on the final day of trading this week, pulling back from record highs in the S&P 500 as quarterly earnings and economic data have been generally well received, … Read More

Market Review: April 29, 2021

Closing Recap Thursday, April 29, 2021 Index Up/Down % Last DJ Industrials 242.22 0.72% 34,062 S&P 500 28.42 0.68% 4,211 Nasdaq 31.51 0.22% 14,082 Russell 2000 -8.69 0.38% 2,295   Equity Market Recap ·     Stocks opened at fresh highs for both the S&P 500 and Nasdaq Composite following big EPS and revenue gains from tech giants AAPL and FB, only to … Read More

Mid-Morning Look: April 29, 2021

Mid-Morning Look Thursday, April 29, 2021 Index Up/Down % Last   DJ Industrials 3.48 0.01% 33,823 S&P 500 10.07 0.24% 4,193 Nasdaq -30.26 0.22% 14,022 Russell 2000 3.14 0.14% 2,307     U.S. stocks open at record highs for the S&P 500 and Nasdaq Composite, paced by big gains in technology early following big earnings beats for mega-caps Apple (AAPL) … Read More

Morning Preview: April 29, 2021

Early Look Thursday, April 29, 2021 Futures Up/Down % Last Dow 178.00 0.53% 33,902 S&P 500 30.25 0.72% 4,206 Nasdaq 138.00 0.99% 14,030     Major averages are looking sharply higher (new record highs yet again), with S&P futures rising 0.7% to trade above the 4,200 level, led by big tech earnings overnight (FB, AAPL both rise on results) and … Read More

Market Review: April 28, 2021

Closing Recap Wednesday, April 28, 2021 Index Up/Down % Last DJ Industrials -161.59 0.48% 33,823 S&P 500 -3.27 0.08% 4,183 Nasdaq -39.19 0.28% 14,051 Russell 2000 -2.91 0.13% 2,304   Equity Market Recap ·     Stocks jumped to their highs (new record briefly for the S&P 500) after Fed Chairman Powell reiterated that it is not yet time to talk about tapering … Read More

Mid-Morning Look: April 28, 2021

Mid-Morning Look Wednesday, April 28, 2021 Index Up/Down % Last   DJ Industrials -144.91 0.43% 33,840 S&P 500 6.85 0.16% 4,193 Nasdaq -3.62 0.01% 14,085 Russell 2000 -6.74 0.29% 2,294     Stocks are trading mixed as the S&P 500 index touched another all-time high and the Dow Transports remain on track for a 13th straight week of gains (longest … Read More

Morning Preview: April 28, 2021

Early Look Wednesday, April 28, 2021 Futures Up/Down % Last Dow -40.00 0.12% 33,843 S&P 500 4.25 0.10% 4,183 Nasdaq -15.50 0.11% 13,937     U.S. futures are mixed following some good earnings results overnight, but also some mixed responses, keeping U.S. futures in-line as market participants await the conclusion of the 2-day FOMC policy meeting results later today. Investors … Read More