Morning Preview: June 23, 2021

Early Look Wednesday, June 23, 2021 Futures Up/Down % Last Dow 50.00 0.15% 33,885 S&P 500 2.50 0.06% 4,239 Nasdaq 14.75 0.10% 14,273     Markets are looking modestly higher in the U.S., tracking gains in Europe and Asia as investors appear at ease over the inflation picture after Federal Reserve Chairman Powell reiterated yesterday in testimony to Congress that … Read More

Market Review: June 22, 2021

Closing Recap Tuesday, June 22, 2021 Index Up/Down % Last DJ Industrials 68.74 0.20% 33,945 S&P 500 21.67 0.51% 4,246 Nasdaq 111.79 0.79% 14,253 Russell 2000 9.85 0.43% 2,295   Equity Market Recap ·     Stocks jump again, adding to yesterday’s outperformance as the Nasdaq Composite posted its first intraday record high since April 29th (topping the prior 14,211 level) as investors … Read More

Morning Preview: June 22, 2021

Early Look Tuesday, June 22, 2021 Futures Up/Down % Last Dow -15.00 0.04% 33,746 S&P 500 -2.25 0.05% 4,211 Nasdaq -4.50 0.03% 14,126     U.S. stock futures are looking flat to down slightly ahead of testimony from Federal Reserve Chairman Jerome Powell, who is expected to tell Congress the economy has shown “sustained improvement” but that the recovery has … Read More

Mid-Morning Look: June 22, 2021

Street Recommendations Tuesday, June 22, 2021 ARGUS ·     TSM init Buy and $150 tgt – We believe Taiwan Semi is positioned for multiple years of exceptional growth given an expanding array of drivers in the technology economy. These include accelerated digitization driving demand for traditional IT products and edge devices such as PCs and smartphones; cyclical drivers such as 5G and … Read More

Market Review: June 21, 2021

Closing Recap Monday, June 21, 2021 Index Up/Down % Last DJ Industrials 586.57 1.76% 33,876 S&P 500 58.25 1.40% 4,224 Nasdaq 111.10 0.79% 14,141 Russell 2000 48.35 2.16% 2,286   Equity Market Recap ·     Stocks opened higher, rising throughout the entire session, and making back half of last week’s losses as market fear is once again non-existent despite a change in … Read More

Mid-Morning Look: June 21, 2021

Mid-Morning Look Monday, June 21, 2021 Index Up/Down % Last   DJ Industrials 496.27 1.49% 33,786 S&P 500 45.35 1.09% 4,211 Nasdaq 62.69 0.44% 14,092 Russell 2000 29.36 1.31% 2,266     U.S. equity futures are higher to start the day as last week’s losers (energy, financials, materials) are among the early leaders, pushing the S&P 500 and Dow higher … Read More

Morning Preview: June 18, 2021

Early Look Monday, June 21, 2021 Futures Up/Down % Last Dow 190.00 0.57% 33,345 S&P 500 18.0 0.43% 4,171 Nasdaq 61.75 0.44% 14,096     U.S. stock futures are looking sharply higher, tracking gains in Europe while Asian markets decline with global stock markets mixed. Stocks ended lower last week after the Federal Reserve said Wednesday it expects to raise … Read More

Morning Preview: June 18, 2021

Early Look Monday, June 21, 2021 Futures Up/Down % Last Dow 190.00 0.57% 33,345 S&P 500 18.0 0.43% 4,171 Nasdaq 61.75 0.44% 14,096     U.S. stock futures are looking sharply higher, tracking gains in Europe while Asian markets decline with global stock markets mixed. Stocks ended lower last week after the Federal Reserve said Wednesday it expects to raise … Read More

Market Review: June 18, 2021

Closing Recap Friday, June 18, 2021 Index Up/Down % Last DJ Industrials -532.31 1.57% 33,291 S&P 500 -55.48 1.31% 4,166 Nasdaq -130.97 0.92% 14,030 Russell 2000 -49.75 2.17% 2,237   Equity Market Recap Today’s quad-witching session saw elevated trading volume and stocks extending a dismal stretch that has seen the S&P fall for the past 4 days after Monday’s record … Read More

Mid-Morning Look: June 18, 2021

Mid-Morning Look Friday, June 18, 2021 Index Up/Down % Last DJ Industrials -490.86 1.45% 33,332 S&P 500 -41.16 0.97% 4,180 Nasdaq -70.62 0.50% 14,090 Russell 2000 -35.65 1.56% 2,251     Stocks slipped early morning following hawkish commentary from St. Louis Jim Bullard said in a CNBC interview that the central bank must remain “nimble” in the face of a … Read More