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Daily Market Note (183)

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 (183)

Daily Market Note

Rising To The Surface

Rising to the surface. Stocks rose yesterday as traders cheered a turn-around in crude oil. Mixed earnings, as expected, added some volatility but the advancing of a new stimulus package on Capitol Hill added fuel to yesterday’s rally.
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Daily Market Note

Future Shock

Future shock. Stocks sold off for a second straight day as investors remained fixated on the rapidly slipping price of crude oil. Earnings are all over the map but most, not all companies agree that these are tough times, indeed.
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Daily Market Note

Slip Sliding Away

Slip sliding away. Stocks slipped yesterday as crude oil supply buildup caused prices to hit historic lows. The price of West Texas Intermediate crude oil fell into negative territory for the first time in the history of the futures contract.
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Daily Market Note

Happiness Is

Happiness is. Stocks rallied on Friday as investors could not contain their inner optimists. Many are hopeful that an end to the national lockdown is near and that promising results from a Remdesivir trial might hold the key to beating the pandemic.
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Daily Market Note

Back In Action

Back in action. Stocks were all over the map yesterday as investors weighed bad economic data against hopes that someday, soon things will start up again for business. Yesterday’s economic data painted a dreary picture, but most investors were prepared for the worst.
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Daily Market Note

Here Comes The Flood

Here comes the flood. Stocks sold off yesterday in response to a collection of bad economic data. There was little, if any positive news to hold onto yesterday prompting a broad selloff in stocks.
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