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Daily Market Note (204)

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 (204)

Daily Market Note

Hope-a-dope

Hope-a-dope. Stocks advanced yesterday on renewed hopes for a trade deal with China. Across the pond, Brexit wrangling continues at Westminster and the potential for a deal hangs in the balance.
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Daily Market Note

Bad Taste

Bad taste. Stocks sold off on Friday as traders were on edge about the newly minted trade deal with China, Brexit questions, and more weak signals from the US economy. Earnings season is in full swing and investors have high hopes.
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Daily Market Note

All around the world

All around the world. Stocks climbed yesterday helped by earnings and somewhat positive news from around the globe. Weak economic numbers were largely overlooked as stocks inched closer to highs.
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Daily Market Note

Too much information

Too much information. Stocks slipped slightly yesterday as investors took in mixed messages on the health of the US economy. Signs that the consumer may be tightening up overshadowed solid earnings.
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Daily Market Note

A Different Story

A different story. Yesterday, for the first time in quite a while, markets were not focused on trade woes, instead rallying on strong earnings. Positive signs emerged from Brexit discussions, adding to the market’s jubilance.
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Daily Market Note

Undercooked

Undercooked. Stocks fell slightly yesterday as traders were underwhelmed with the mini trade deal announced on Friday. Traders were looking for something positive to follow Friday’s rally but came up short because whatever details exist on the Phase 1 deal seem fragile.
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