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Daily Market Note (161)

Daily Market Note | Siebert Financial Corporation (“Siebert”) has a full range of brokerage and financial advisory services offered through its operating subsidiaries, affiliates and brands associated with Siebert Financial described below (161)

Daily Market Note

Downtown Express Train

Downtown express train. Stocks took a beating yesterday on news that new lockdowns will be initiated across Europe. There were few places to hide in yesterday’s collapse with all sectors ending the session in the red.
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Daily Market Note

Under The Weather

Under the weather. Stocks had a mixed close yesterday, giving up earlier session gains, because the virus is still spreading. Earnings and election anxiety added to an already volatile market as France and Germany propose lockdowns to put down recent virus surges.
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Daily Market Note

Sapped Rally

Sapped rally. Stocks sold off yesterday as investors realized that elections are a week away and the world is still facing a pandemic. Markets were forced to digest a large plate of hard-to-digest headlines from the weekend.
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Daily Market Note

Deal Or No-Deal

Deal or no-deal. Stocks had a mixed closed on Friday as investors were underwhelmed with Thursdays Presidential debate, turning their focus back on a potential stimulus deal. Stimulus negotiations continue between the Speaker and White House officials, who continue to say nice things, but nothing...
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Daily Market Note

Down, Yonder

Down, yonder. Stocks rallied yesterday, led by value shares as investors wondered how good it would be to have a stimulus package before the November 3rd election. Encouraging weekly employment data helped fuel the positivity of the day.
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Daily Market Note

The Big Wait And See

The big wait and see. Stocks bounced around breakeven yesterday, ultimately closing down as conflicting commentaries around stimulus agreements left investors… confused. Earnings - yes earnings - are also driving the markets, and investors are expecting a lot from the high flyers.
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