Featured Commentaries
    Market Daily Updates
    Stock Market Today: August 11, 2020
    Robert Mitkowski  |  08/11/2020
    The major stock market averages began the week in mixed fashion as an impressive rise in the Dow Jones Industrials contrasted a modest decline in the tech-laden NASDAQ. Signs of a slowing rate of new virus cases in the U.S. offered encouragement, as did a more favorable-than-expected jobs report, and an overall good earnings season, which is now winding down. Still, negotiations in Congress regarding another stimulus package have stalled, which may take their toll on the market.
    Market Daily Updates
    Stock Market Today: August 10, 2020
    Harvey S. Katz, CFA  |  08/10/2020
    After four consecutive positive days on Wall Street during the latest five-day trading span, the bulls came into Friday with upbeat expectations of extending that winning streak to five sessions. After all, the economy was doing somewhat better and there were hopes for a deal in Congress to approve a much-needed stimulus package to help and alleviate some of the worst financial pain of the coronavirus pandemic. That illness now has infected more than five million Americans and claimed over 160,000 U.S. lives.
    Market Daily Updates
    Stock Market Today: August 7, 2020
    By: Harvey S. Katz, CFA  |  08/07/2020
    The latest run by the bulls continued on Wall Street yesterday. Behind this most recent upturn was optimism about the economy, hopes for the passage of a needed fiscal stimulus package by a fractured Congress, and the persistence of generally supportive quarterly earnings. Looking ahead, the just issued jobs report showed that the nation created 1.8 million positions last month, a bit more than the 1.5 million consensus forecast, the futures have narrowed their losses a little. Still, negotiations in Washington and the latest deterioration in our relations with China could well take center stage today.
    Market Daily Updates
    Stock Market Today: August 6, 2020
    Harvey S. Katz, CFA  |  08/06/2020
    The stock market's winning ways continue, with yesterday's strong upturn being Wall Street's third in as many days this week. And once again the strength was most pronounced in the Dow Jones Industrial Average. That is a turnabout of sorts, as the blue chips mostly have lagged the other large-cap composites (the S&P 500 Index and the tech-driven NASDAQ) for much of this year. Yesterday, though, the Dow, lifted by a stronger-than-expected quarterly earnings performance from Walt Disney (DIS), led the way forward. Now, this morning, the Labor Department reported a welcome drop in new jobless claims to 1.2 million for the latest week.
    Market Daily Updates
    Stock Market Today: August 6, 2020
    Harvey S. Katz, CFA  |  08/06/2020
    The stock market's winning ways continue, with yesterday's strong upturn being Wall Street's third in as many days this week. And once again the strength was most pronounced in the Dow Jones Industrial Average. That is a turnabout of sorts, as the blue chips mostly have lagged the other large-cap composites (the S&P 500 Index and the tech-driven NASDAQ) for much of this year. Yesterday, though, the Dow, lifted by a stronger-than-expected quarterly earnings performance from Walt Disney (DIS), led the way forward. Now, this morning, the Labor Department reported a welcome drop in new jobless claims to 1.2 million for the latest week.