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Daily Market Note (182)

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 (182)

Daily Market Note

Back To Reality

Back to reality. Stocks sold off yesterday as investors could not avoid noticing weak economic numbers and disrupted earnings growth. Unemployment continues to surge but the pace appears to be slowing.
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Daily Market Note

Healing Effects

Healing effects. Stocks rose yesterday on positive news that Gilead’s Remdesivir drug may be effective in treating the Coronavirus. Gross Domestic Product took a hit in the first quarter surprising no one and the Fed still has our back.
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Daily Market Note

Push Me Pull You

Push me pull you. Stocks closed lower yesterday, giving up early gains, as investors could not shake off bad economic data. Earnings continue to throw mixed signals, in some cases giving investors hope.
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Daily Market Note

Can You Feel It?

Can you feel it? Stocks rose again yesterday on optimism that the country will be open for business again… soon. The Dow Jones Industrials rose 4 straight days in a row, its longest winning streak since February.
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Daily Market Note

April Showers

April showers. Stocks advanced on Friday as investors looked beyond the horizon and had hope that better days will come. Congress approved the next leg of stimulus and Administration officials hinted of help for oil producers while Georgia became the first state to relax lockdowns - all leaving...
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Daily Market Note

Leak Up, Leak Down

Leak up, leak down. An early day rally for stocks was deflated by a leaked report that showed Remdesivir may not be as effective as hoped. Gilead Sciences, whose stock rose just a few days back on a positive leak, led the US market down to close mixed for the session.
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