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Daily Market Note (248)

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 (248)

Daily Market Note

Final Friday Frolic

Final Friday frolic. Stocks traded mixed in volatile trading with little in the way of credible stimulus on the last trading day of the quarter. News of Elon Musk being sued by the SEC and Facebook’s latest security breach certainly roiled markets but did not ultimately have a large effect on them....
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Daily Market Note

Here We Go Again

Here we go again. Fed raises rates as expected, traders parse the text and dots, analysts analyze the well-crafted speech, traders decide economy is still good to go. But wait, some bad trade news… buy techs. That sums up yesterday’s markets narrative as investors decided that Jay Powell’s speech...
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Daily Market Note

Connect The Dots

Connect the dots. I’ve said it before, it’s all about the dots and, of course, the Federal Reserve that creates them. Markets spent the majority of yesterday’s session in the green led by tech and growth oriented stocks and then came the Federal Reserve’s rate announcement. The Fed announced a 25...
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Daily Market Note

It's a Small World

It’s a small world. But not in the eyes of the current administration as Trump publicly rejected globalization in his United Nations speech yesterday. The admission served to weaken an already shaky market with investors not quite over their trade fears from Monday’s session. The S&P500 and Dow...
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Daily Market Note

A Familiar Tune

A familiar tune. It was the all-too-familiar trade tension that crept its way back into the markets yesterday. Before we move on from the blame game, let’s remember that it was trade-related over-exuberance that propelled the Dow and S&P to new highs last week. One might call it a double-edge sword...
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Daily Market Note

The Summer Wind

The summer wind. Or at least the last puff of it propelled the once lagging Dow Jones Industrials to another new high on Friday capping off a hot summer for stocks. Yes, once again the industrials muscled to a new high as continued euphoria from earlier in the week spilled over into Friday’s equity...
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