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November 30, 2020

In The Black, Friday

In the black, Friday. Stocks rallied to new highs in Friday’s abbreviated session. Early results from the holiday shopping season appear encouraging while a continued rise in virus cases… not so much.

November 25, 2020

Taking Numbers

Taking numbers. Stocks soared yesterday as the Dow Jones Industrial Average topped the mysterious, magical 30,000 level. Exuberance was plentiful after it was reported that President-elect Biden selected former Fed Head Janet Yellen as his candidate to head the Treasury while President Trump’s...

November 24, 2020

Cavalry en Route

Cavalry en route. Stocks rallied yesterday as AstraZeneca announced that its vaccine could be up to 90% effective. Flash PMI data suggests that the services industries are gearing up for a recovery and stocks liked the news.

November 23, 2020

Just Another Manic Monday

Just another manic Monday. Stocks sold off Friday in response to the Treasury requesting their money back from the Fed. COVID cases are on the rise and political maneuvering put traders on edge.

November 20, 2020

Follow The Leaders

November 19, 2020

Worn Off Immunity

Worn off immunity. Stocks fell yesterday as news that New York City's schools will close reminded traders that we are still in the midst of a pandemic. Good news from Pfizer gave stocks an early boost but gains slipped in losses in the wake of the school closure tweet from NYC Mayor de Blasio.

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