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

Mid-Morning Look: November 23, 2020

Mid-Morning Look Monday, November 23, 2020 Index Up/Down % Last   DJ Industrials 123.99 0.42% 29,387 S&P 500 6.70 0.19% 3,564 Nasdaq -12.02 0.08% 11,845 Russell 2000 16.39 0.92% 1,801     U.S. stocks open higher following another round of upbeat vaccine related news/data, pushing futures up overnight before slipping on the open. Among today’s headlines, AZN coronavirus vaccine reduced … Read More

Morning Preview: November 23, 2020

Early Look Monday, November 23, 2020 Futures Up/Down % Last DJ Industrials 145.00 0.60% 29,386 S&P 500 18.50 0.52% 3,572 Nasdaq 40.50 0.34% 11,945     Stock futures are looking higher, gaining ground on yet another vaccine related headline as data showed that the shot being developed by AstraZeneca and Oxford university had exceeded the level of efficacy sought. The … Read More

Market Review: November 20, 2020

Closing Recap Friday, November 20, 2020 Index Up/Down % Last DJ Industrials -219.95 0.75% 29,263 S&P 500 -24.22 0.68% 3,557 Nasdaq -49.74 0.42% 11,855 Russell 2000 0.94 0.05% 1,785   Equity Market Recap ·     U.S. stocks traded in a narrow range on the day, though the last hour of trading saw a selloff. Sentiment was mixed as stocks bounced off overnight … Read More

Mid-Morning Look: November 20, 2020

Mid-Morning Look Friday, November 20, 2020 Index Up/Down % Last   DJ Industrials -130.11 0.44% 29,353 S&P 500 -11.87 0.33% 3,570 Nasdaq 2.65 0.02% 11,907 Russell 2000 -8.16 0.46% 1,774     Stock futures bounced off overnight lows following news that Pfizer (PFE) and BioNTech (BNTX) said they will submit a request to U.S. regulators for an emergency use authorization … Read More

Weekly Event Calendar: 11/23/2020 – 11/27/2020

What’s on Tap Weekly Calendar   Monday November 23rd  Economic Calendar:  ·     9:45 AM EST              Markit Composite Flash PMI for November ·     9:45 AM EST              Markit Manufacturing Services, PMI for Nov   Earnings Calendar: ·     Earnings Before the Open: KFY, WMG ·     Earnings After the Close: A, AMBA, ARWR, CBT, CENT, ENTA, IWSY, MNR, NTNX, TWST, URBN   Tuesday November 24th Economic Calendar:  ·     7:45 AM EST              ICSC … Read More

Morning Preview: November 20, 2020

Early Look Friday, November 20, 2020 Futures Up/Down % Last DJ Industrials -61.00 0.21% 29,382 S&P 500 -4.50 0.12% 3,575 Nasdaq 12.00 0.10% 11,999     Stock futures are mixed with several vaccine related headlines for investors to digest overnight including the WHO saying Gilead’s (GILD) drug remdesivir is not recommended for patients hospitalized with COVID-19, regardless of how sick … Read More

Market Review: November 19, 2020

Closing Recap Thursday, November 19, 2020 Index Up/Down % Last DJ Industrials 43.82 0.15% 29,482 S&P 500 14.06 0.39% 3,581 Nasdaq 103.11 0.87% 11,904 Russell 2000 14.81 0.84% 1,784   Equity Market Recap ·     U.S. stocks were firmly higher, helping erase the late day swoon Wednesday as investors focus on economic rebound optimism amid positive vaccine news (PFE, MRNA earlier this … Read More