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Daily Market Note (213)

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 (213)

Daily Market Note

Wrong Way!

Wrong way! Stocks sold off on Friday, despite solid employment figures, in response to trade tensions brought on by Trump’s newest tariff threat. Employment numbers coming in largely as expected were not enough to divert attention away from a deteriorating trade situation with China.
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Daily Market Note

Trade Tirade!

Trade tirade! Markets, basking in the warmth of Wednesday’s interest rate cut, got the rug pulled out from under them with a new threat of tariffs on China. Stocks spent the first half of yesterday’s session in the black until Trump’s surprise tariff tweet sent them into a tailspin pushing indexes...
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Daily Market Note

You can’t always get what you want

You can’t always get what you want…. Stocks were routed by comments made by Chairman Powell just minutes after the Fed lowered the key interest rate. Traders sold off on fears that there may be no more rate cuts in the future.
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Daily Market Note

Game Day

Game day. Stocks slid yesterday ahead of today’s big announcement as traders learned, via Twitter, that all may not be so good in Shanghai. The Fed will drive markets today, but yesterday it was all earnings and Trump… and maybe a touch of Brexit.
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Daily Market Note

The Waiting Game

The waiting game. Equities had a mixed day as traders awaited a Fed decision and a surge of economic and corporate data. With little domestic data to ponder traders turned their eyes overseas and were not sure they liked what they saw.
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Daily Market Note

On high but shaky ground

On high but shaky ground. Stocks were driven higher Friday on good earnings and strong economic data. Despite not all of Friday’s news being good, stock traders forged ahead to new highs for some indexes.
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