Market Review: May 28, 2021

Closing Recap Friday, May 28, 2021 Index Up/Down % Last DJ Industrials 65.73 0.19% 34,530 S&P 500 3.44 0.08% 4,204 Nasdaq 12.46 0.09% 13,748 Russell 2000 -4.10 0.18% 2,268   Equity Market Recap ·     Stocks finish mixed as major averages close out a strong week of gains behind accommodative Fed comments (several speakers this week reiterating the recent price spikes are … Read More

Mid-Morning Look: May 28, 2021

Mid-Morning Look Friday, May 28, 2021 Index Up/Down % Last   DJ Industrials 102.68 0.30% 34,567 S&P 500 10.28 0.24% 4,211 Nasdaq 56.16 0.41% 13,792 Russell 2000 6.01 0.27% 2,266     U.S. stock markets higher on Friday, looking to close out a strong week of gains with the S&P up over 1.3% on the week (led by 4.2% bounce … Read More

Weekly Event Calendar: 05/31/2021 – 06/04/2021

What’s on Tap Weekly Calendar   Monday May 31st Economic Calendar:  ·     Markets closed for Memorial Day Holiday   Earnings Calendar: ·     Earnings Before the Open: None ·     Earnings After the Close: None   Other Key Events: ·     China NBS Manufacturing PMI for May ·     China Caixin Mfg PMI for May   Tuesday June 1st Economic Calendar:  ·     7:45 AM ET                 ICSC Weekly Retail Sales ·     8:55 AM … Read More

Morning Preview: May 28, 2021

Early Look Friday, May 28, 2021 Futures Up/Down % Last Dow 167.00 0.48% 34,604 S&P 500 15.25 0.36% 4,214 Nasdaq 41.50 0.30% 13,707     U.S. futures adding to yesterday gains, looking higher across the board ahead of another busy morning of economic data, as the S&P 500 look to close out May with its 4th straight monthly advance. Improving … Read More

Market Review: May 27, 2021

Closing Recap Thursday, May 27, 2021 Index Up/Down % Last DJ Industrials 139.22 0.41% 34,462 S&P 500 4.47 0.11% 4,200 Nasdaq -1.72 0.01% 13,736 Russell 2000 23.80 1.06% 2,273   Equity Market Recap ·     U.S. equity markets finished mostly higher, with outperformance again for the Smallcap Russell 2000 after jumping 2% the day prior as investors rally behind better-than-expected jobless claims … Read More

Mid-Morning Look: May 27, 2021

Mid-Morning Look Thursday, May 27, 2021 Index Up/Down % Last   DJ Industrials 194.71 0.57% 34,517 S&P 500 12.75 0.30% 4,208 Nasdaq 17.70 0.13% 13,755 Russell 2000 14.25 0.63% 2,263     Stocks moving higher to start the trading day, led by gains in the Dow, S&P 500, and Russell 2000 Smallcaps which outperforms for a second straight day following … Read More

Morning Preview: May 27, 2021

Early Look Thursday, May 27, 2021 Futures Up/Down % Last Dow -9.00 0.03% 34,271 S&P 500 -8.25 0.20% 4,184 Nasdaq -54.50 0.40% 13,646     Stock futures are edging slightly lower ahead of a busy morning of economic data, as investors await monthly GDP (2nd estimate for Q1 with estimate about 6.4% – in-line with prior reading), jobless claims data, … Read More

Market Review: May 26, 2021

Closing Recap Wednesday, May 26, 2021 Index Up/Down % Last DJ Industrials 10.06 0.03% 34,322 S&P 500 7.92 0.19% 4,196 Nasdaq 80.82 0.59% 13,738 Russell 2000 43.52 1.97% 2,249   Equity Market Recap ·     Stocks end higher, but trading action in major averages was similar to yesterday, as the main indexes were little changed on the day (S&P 500 and Dow), … Read More

Mid-Morning Look: May 26, 2021

Mid-Morning Look Wednesday, May 26, 2021 Index Up/Down % Last   DJ Industrials 44.47 0.13% 34,356 S&P 500 4.42 0.11% 4,192 Nasdaq 52.16 0.38% 13,710 Russell 2000 17.36 0.78% 2,222     U.S. stocks opened mixed, once again led by the reopen industries such as travel, leisure, and retail (which is also benefitting from stronger earnings out of ANF, URBN, … Read More

Morning Preview: May 26, 2021

Early Look Wednesday, May 26, 2021 Futures Up/Down % Last Dow 77.00 0.22% 34,346 S&P 500 11.25 0.28% 4,197 Nasdaq 40.50 0.30% 13,697     U.S. stocks are looking slightly higher, coming off a day where stocks slipped following disappointing economic data that showed declining consumer confidence amid higher inflation fears and weaker housing news. Gold prices extend gains, topping … Read More