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Daily Market Note (227)

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 (227)

Daily Market Note

Eyes on the Road and Hands on the Wheel

Eyes on the road and hands on the wheel. Stocks rambled through yesterday’s low volume session giving traders a chance to contemplate their hidden fears of missing out on a potential rally. Signs that more and more investors are coming around to the reality that even though the economy may be...
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Daily Market Note

Not so Fast

Not so fast. Fear of a recession seemed like a thing of the past in yesterday’s session as stocks surged in response to Chinese and US manufacturing data. Just days after the treasury yield curve inverted, investors pivoted from fear to greed as the economy showed signs of slow but positive...
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Daily Market Note

Keep it Running

Keep it running. Stocks rose on Friday ending their best quarter since 1998. The inverted front end of the yield curve turned slightly positive and upbeat news from US trade delegates in China spurred the markets forward.
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Daily Market Note

No Growth No Problem

No growth no problem. Investors largely ignored weak economic numbers in yesterday’s session as they bought stocks on hopes of further stimulus. Stocks went briefly into the red but ultimately climbed into positive territory, a move that was most likely helped by end of quarter portfolio dressing.
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Daily Market Note

That Gnawing Sensation

That gnawing sensation. Stock traders try to find optimism but just can’t shake that hidden fear that something bad may lie ahead as equities closed out yesterday’s session slightly down. Equities started yesterday’s session in a solid risk-off mode and later recovered some losses ultimately losing...
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Daily Market Note

Don't Stop the Music

Don’t stop the music. Stocks shrugged off Friday’s yield curve revelations yesterday as markets rallied in response to well… nothing really. Equity markets, in a mean reversion move, traded higher as seller exhaustion gave way to speculative buying.
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