Insights, Delivered Daily.

Out of batteries. Stocks sold off yesterday with relentless selling throughout the session. Investors are growing more concerned about a rebound in COVID cases as we approach a contentious election with little apparent willingness on the part of Congress to enact new stimulus.

Connecting the dips. Stocks snapped a losing streak yesterday as investors bought beaten down technology shares. Chairman Powell and Secretary Mnuchin reminded Congress that more stimulus would be needed to support recent economic gains.

Unplugged. Stocks fell on Friday, marking a third week of losses for equities. Technology stocks continue to pull the indexes down as funds flow into value shares.

Not buying. Stocks slipped yesterday in the wake of Wednesday’s Fed comments as investors searched for a reason to buy stocks. Weekly unemployment numbers improved but remain stubbornly high.

Message in a bottle. Stocks had a wild day yesterday, giving up early gains in a mixed close as tech shares continue to suffer. The Fed says rates will remain lower for longer but calls out lawmakers as a necessary component on the road to economic recovery.