Key Takeaways GM, Lyft shares move higher in pre-market trading on mostly strong earnings Uber on tap later today as ride sharing company earnings continue Tech shares on the rebound ahead of open after a rough Tuesday (Wednesday Market Open) If you wanted more evidence of reopening progress, Lyft’s (LYFT) earnings arguably provided it yesterday. […]

Continue Reading

Key Takeaways A global chip/semiconductor shortage is affecting the auto and electronics industries Rare earth elements and rare metals are among strategic materials needed by the U.S. Department of Defense Biden has called for a review of the nation’s supply chains The ubiquitous smartphone is smack in the middle of international supply chain issues that […]

Continue Reading

Key Takeaways Tech on a seven-day losing streak, sector moves higher in pre-market trading Uber, Moderna fall ahead of open as investors digest their earnings reports Initial weekly jobless claims fall below 500,000 for the first time since before Covid (Thursday Market Open) It’s been more than a week since Technology finished in the green. […]

Continue Reading

Key Takeaways April jobs growth of 266,000 comes in way below expectations, and March gains revised down Weak jobs data pushes 10-year yield to two-month lows as worries of overheating retreat Nasdaq bounces in pre-market trading after jobs data amid less fear of rate pressure (Friday Market Open) This week’s big jobs report is now […]

Continue Reading

Key Takeaways Inflation data front and center this week after Friday’s sluggish jobs report Hotels, casinos on the front line as Marriott, Wynn issue earnings today With earnings season winding down, 86% of S&P 500 firms beating estimates (Monday Market Open) If last week was all about jobs, this week is all about prices. Considering […]

Continue Reading

Key Takeaways After an extended period of underperformance, small-cap indices surged in late 2020 and early 2021 Lesser-known, publicly traded small caps can carry bigger risks and rewards than larger, well-known listings Weigh the benefits and risks of adding lesser-known names to your portfolio As we think about the other side of the pandemic, recovering […]

Continue Reading

Key Takeaways Market braces for possible turbulence in November as election looms “Risk-off” could return to popularity if results aren’t quick, underpinning bonds, VIX, gold Other November events include Fed meeting, retail earnings, possible vaccine data We’re calling this article, “November Outlook.” Maybe a better name is “Nov. 3 Outlook,” because it’s kind of hard […]

Continue Reading

Key Takeaways December could turn on potential vaccine approvals, beginning of distribution Holiday shopping also expected to be in focus as surveys disagree on spending mood Payrolls watch is on after several months of slowing growth and recent weak data After the whipsaw year we’ve had, many investors would probably be just fine with a […]

Continue Reading

Key Takeaways COVID-19 vaccinations have begun, but rising case counts have been a more pressing concern Lockdowns and stimulus package wrangling have helped cloud the earnings picture Economic normalization could alter the dynamic between so-called reopening and stay-at-home stocks The last time we experienced a major pandemic 100 years ago, Wall Street followed up with […]

Continue Reading

Key Takeaways People often talk of Washington’s impact on Wall Street, but it might be overstated Stocks have done well (and badly) in years of Republican and Democratic control Gridlock could still happen with Congress almost evenly divided People have debated for decades whether Wall Street rides faster on a donkey or an elephant. With […]

Continue Reading