Featured Commentaries
    Market Daily Updates
    Stock Market Today: January 22, 2021
    Harvey S. Katz, CFA  |  01/22/2021
    Another day, another rally--at least at the start. So, after sharp gains on Tuesday and Wednesday of this holiday shortened week, Wall Street began the penultimate session of this four-day span to the upside. Optimism that the new Administration would meet with success in expediting the rollout of vaccines, hopes that new stimulus spending would alleviate the worst of the financial pain of the pandemic, and a succession of solid earnings reports led the way higher early on. However, after a mixed close yesterday, the market is poised to open matters to the downside this morning.
    Market Daily Updates
    Stock Market Today: January 21, 2021
    Harvey S. Katz, CFA  |  01/21/2021
    Wall Street will shortly begin a new trading session on the first full day of the Biden Administration following the new President's inauguration yesterday afternoon. And at this hour, the indications are that the stock market will open to the upside, with particular strength once more in technology. Strong earnings again are helping to underpin the market.
    Market Daily Updates
    Stock Market Today: January 20, 2021
    Harvey S. Katz, CFA  |  01/20/2021
    Optimism was on display on Wall Street yesterday as the nation prepared for the inauguration of Joseph R. Biden, Jr., at 12:00 PM (EST) today, as the 46th President of the United States. Specifically, the stock market was on strong footing to begin the session as the Dow Jones Industrial Average jumped some 275 points in the first few minutes of trading. Hopes for a more collegial atmosphere in a badly divided country and expectations that this changing mood would expedite stimulus help against the pandemic all helped the mood on the Street.
    Market Daily Updates
    Stock Market Today: January 19, 2021
    Adam Rosner  |  01/19/2021
    The U.S. stock market resumes trading today, after pausing for a three-day holiday weekend. Investors are currently operating in a complicated environment. The economy remains quite mixed, due to ongoing pandemic-related issues. Looking to the day ahead, U.S. equity futures are pointing to a higher opening.
    Market Daily Updates
    Stock Market Today: January 15, 2021
    Harvey S. Katz, CFA  |  01/15/2021
    Wall Street opened the day modestly to the upside yesterday, in spite of disappointing economic news on the jobs front. It would retain an edge until late in the afternoon when a slight selloff in the key averages shifted the close to the downside. Now, ahead of this morning's opening, the government just reported December figures for retail sales, which proved to be woefully disappointing, signaling that the holiday shopping season was a serious problem for chains and independent stores.