Market Daily

Market Recap US Markets: There is still no clear winner of the election yet, however, the markets continued to overlook this and gained for the fourth day in a row. Investors seem to believe that the end is near and are very encouraged. The Dow Jones closed 542.52 points higher, or 1.95%, at 28,390.18. At […]

Market Recap US Markets: Although there is no clear-cut election winner yet, the markets overlooked this and gained for the third day in a row. The Dow Jones jumped 367.63 points, or 1.3%, to 27,847.66. The index surged to session highs of over 800 points before pulling back at the close. The S&P 500 rose […]

Market Recap US Markets: Markets continued yesterday’s gains, as investors seemed relieved that election day was finally here and optimistic that we will know a winner sooner rather than later. Historically, markets do not like contested elections. If the markets the last two days showed us anything, it’s that investors believe that a delayed or […]

Market Recap US Markets: After October ended with significant volatility and losses, stocks began November by significantly recovering some of the sharp losses from last week. Last week marked the 11th time this year that the S&P ended the week over 2% lower than the start of the week, compared with a yearly average of […]

Hey Scoopers, Volatility is the new normal in the stock market. – more on that in the “Overall Market” section. Beyond the overall market, in the Covid-19 era, the global logistics and transportation are high in demand. However, parties are the next victim of the social-distancing. — more on that in the “What’s Up?” and “What’s Down?” […]

Hey Scoopers, After two brutal days, the market descent has slowed down on Wednesday — more on that in the “Overall Market” section. Beyond the overall market, coronavirus vaccine hopes boosted the price of a few pharmaceutical companies and dampened the growth rate of technology companies with production ties back to China. Those could be good […]

Hey Scoopers, The market’s drop since the beginning of the week surpassed 11% — more on that in the “Overall Market” section. Beyond the overall market, investors cheered a telemedicine stock and sold off a recent darling of theirs — more on that in the “What’s Up?” and “What’s Down?” sections. Oh, by the way, SEC won […]

Hey Scoopers, Last week we all went through the fastest 10% drop in the history of the stock market in the last few decades. But just because it has dropped rapidly, does it mean this time things are different? — more on that in the “Overall Market” section. Aside from that, if you’ve been with us […]

Hey Scoopers, Roses are red, Violets are blue, Markets are green, And so are your portfolios. — more on that in the “Overall Market” section. Beyond the overall market, this company got a few percentages gain, that company got a few percentages gain, everyone got a few percentages gain, except for shares of one specific sector […]

Hey Scoopers, Stock market optimism didn’t last too long, and all three indices returned to the red zone despite the Fed’s emergency interest rate cut – more on that in the “Overall Market” section. Beyond the overall market, home builders are the unexpected winners of the coronavirus epidemic while credit card processors are the losers — more […]