Key Takeaways May data expected to be dismal once again, especially for jobs Bond yields, small-caps among the possible indicators to watch for signs of revival Earnings include more retail, including big-box and department stores When the calendar flips to May, it can get people thinking about the Kentucky Derby, basketball playoffs, and the Indy […]

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Key Takeaways June could be a test for market as states reopen following big rally in stocks Normal data could take a backseat as focus zeros in on caseloads  Focus seen turning to Washington amid debate over stimulus, Fed stress tests The stock rally accelerated in April and May amid reopening optimism even as the […]

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Key Takeaways Early July could be choppy as market remains headline-sensitive to virus news Earnings season starts mid-month, with attention focused on company guidance Battle between “stay at home” vs. “reopening optimism” trade could continue The market’s long recovery gained momentum for most of June before another virus-related stumble. Despite that, major indices remained close […]

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Key Takeaways Office buildings have been getting overhauled in hopes that workers will soon be back Toe-touch elevators, health-screening sensors and touchless doors could be the new normal in office design It’s unclear whether COVID-19 will reverse some of the “open office” trends of recent years “Welcome back to the office! Please go wash your […]

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Key Takeaways Alphabet shares have been climbing despite last quarter’s tepid earnings report YouTube ad revenues are something to watch as business reopenings may or may not reflect renewed ad spend Cloud services are growing as home-based work and school drive demand When Alphabet (GOOGL) opened its Q1 earnings book last April, the numbers weren’t […]

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Key Takeaways Earnings numbers less important than coronavirus progress for MRNA and GILD MRNA could update on vaccine, while GILD treatment progress eyed Timing on vaccine, possible new drug formulation among possible highlights Ahead of earnings from two of the most closely watched biotechs—Moderna (MRNA) and Gilead (GILD)—one thing seems pretty certain: Investors are likely […]

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Key Takeaways Shopping center and mall retailers like JCP and M reopened but still faced foot traffic issues Consumers appeared to come out in droves in May and June, but July might have slowed as outbreaks popped Home improvement retailers might still be winners for weary homebound consumers If retail sector investors have their sights […]

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Key Takeaways Walmart, Home Depot earnings show retailers thriving during crisis S&P 500 continues to close in on record highs as Nasdaq posted 33rd of year Monday Volatility has eased to near levels last seen in late February (Tuesday Market Open) Close but no cigar—that’s the summary of the S&P 500 Index (SPX) action Monday. […]

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Key Takeaways Retail earnings continue to shine as Lowe’s and Target surpass Street expectation After hitting new all-time highs yesterday, S&P 500 looks for next catalyst Fed minutes, Nvidia earnings awaited later Wednesday (Wednesday Market Open) You know that old expression about three times being the charm? Tuesday seemed like about the fifth or sixth […]

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Key Takeaways Initial jobless claims jump back above 1.1 million, suggesting rise in layoffs Nvidia shares fall in pre-market trading despite strong quarterly results Market still digesting cautious Fed minutes from Wednesday as volatility ticks up (Thursday Market Open) It’s like a chain reaction. The weak U.S. close yesterday led poorly into Asia and Europe, […]

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