Featured Commentaries
    Market Daily Updates
    Stock Market Today: October 30, 2020
    Harvey S. Katz, CFA  |  10/30/2020
    Following a cumulative three-day loss this week of more than 1,800 points in the Dow Jones Industrial Average on the one-two punch of soaring COVID-19 cases in our country (we actually topped 90,000 yesterday) and the inability of Congress to pass a new fiscal stimulus package, the stock market opened lower again yesterday. But stocks quickly righted themselves after the first half hour of trading, with the Dow, the S&P 500 Index and the NASDAQ all heading back higher as the morning droned on.
    Market Daily Updates
    Stock Market Today: October 29. 2020
    William G. Ferguson  |  10/29/2020
    The COVID-19 worries, along with the uncertainty surrounding next week’s Presidential election and the unlikelihood of a near-term coronavirus fiscal stimulus package on Capitol Hill, have been a body blow to traders. No sector was spared in yesterday’s respective declines of 943, 426, and 120 points for the Dow 30, NASDAQ, and S&P 500 Index, with sharp setbacks recorded in each of the top-10 major equity groups. Looking to the session ahead, will the positive earnings and economic data released this morning be enough to overcome the escalating worries about COVID-19? Stay tuned.
    Market Daily Updates
    Stock Market Today: October 28, 2020
    Harvey S. Katz, CFA  |  10/28/2020
    Wall Street is on the ropes. On point, just two days after the Dow Jones Industrial Average had fallen by 650 points, after an intraday loss of 965 points, the blue chips are getting pounded once more. Specifically, as we hit the 1:00 hour on the East Coast, the Dow is off by more than 800 points.
    Market Daily Updates
    Stock Market Today: October 27, 2020
    John E. Seibert III  |  10/27/2020
    The stock market ended Monday’s session deeply in the loss column, on fears about the rising caseload of coronavirus patients. Currently, the futures were moderately in the green, suggesting a stronger start to the day. Still, we imagine traders will focus on earnings reports and any developments concerning the coronavirus cases or continuing efforts to fashion a fiscal stimulus package.
    Market Daily Updates
    Stock Market Today: October 26, 2020
    Harvey S. Katz, CFA  |  10/26/2020
    The stock market is plummeting as the final week of October gets under way. The Dow Jones Industrial Average now is off 860 points, bringing the blue chip composite down to below 27,500. The S&P 500 Index is down by 88 points and the NASDAQ is lower by 280 points. There is no place to hide.