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Daily Market Note (217)

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 (217)

Daily Market Note

Wheelin’ and Dealin’

Wheelin’ and Dealin’. Stocks rose on Friday as optimism for a trade deal ruled the day. Core inflation ticked up slightly along with personal income, while spending was down slightly, but traders focused on the trade talks.
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Daily Market Note

The Companies Count

The companies count. Stocks closed mixed yesterday, reminding investors that individual company risk is a thing. All eyes are turned east as the G-20 begins in Japan and many are hoping for something big.
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Daily Market Note

Choose your words carefully!

Choose your words carefully! It was an up and down ride for stocks yesterday with US-China trade talks rekindling old anxieties. Stocks started the session believing something good will come out of a Trump-Xi meeting this weekend, but careful examination of the facts proved otherwise.
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Daily Market Note

Step up to the mic

Step up to the mic. Fed Governors stepped up to the mic and spoke up yesterday and the market didn’t like what they said. Stocks slid yesterday as Fed speakers dampened hopes of big rate cuts and trade anxiety added to the upset.
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Daily Market Note

Paused

Paused. Stocks took a pause yesterday with a mixed close as traders await some news on the trade war. Early in the session gains melted away as gulf tensions and the ongoing trade war overtook rate cut optimism.
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Daily Market Note

Ready to Launch

Ready to launch. Stocks snapped a four-day winning streak as traders digested news of a last-minute cancellation of a military strike on Iran. The increased tensions between the US and Iran hit a high point on Friday dampening the positive momentum brought on by Wednesday’s Fed announcement.
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