Daily Market Updates

February 16, 2018

Stocks fell from their highs of the day after news broke that special counsel Robert Mueller indicted 13 Russian nationals and three Russian entities for allegedly interfering with the 2016 US presidential election.  The market stabilized and was slightly higher after Deputy General Rod Rosenstein emphasized in a press conference that these indictments had no allegations of willing support by any Americans to the Russians.  Despite the news story released this afternoon,… Read More ›

February 15, 2018

Coming off a volatile day of trading yesterday that saw Dow futures down 250 points on a stronger than expected CPI report only to rally back and close with a 250 point GAIN, that rally continued into the opening today and gave us a 5th straight day of gains. The S&P 500 is now nearly 8% above last Friday’s low. At the close: DOW +306 to 25,200 S&P +32 to 2731 NASDAQ… Read More ›

February 14, 2018

After a report showed the consumer price index rose more than expected in January, U.S. Stocks opened lower before closing in the green Wednesday. Concerns of rising inflation have recently sent jitters down Wall Street, kick starting a fresh bout of market volatility.  Despite a rise in bond yields, banks and technology moved higher, helping the Dow Jones log a 4-day winning streak.  In other economic news, January retail sales posted their… Read More ›

February 13, 2018

The major indices managed to close in the green for a third day but volatility continued as investors digest the recent wild swings on Wall Street.  All eyes are on the latest reading on the Consumer Price Index which scheduled for released tomorrow morning before the opening bell.  This report should be a big mover for the market as rising inflation has become one of the biggest risks to this multi-year rally. … Read More ›

February 12, 2018

The markets posted solid gains in today’s session after last week marked the worst week for the markets in two years.  Investors are still watching interest rates closely as the benchmark 10-year US note yield hit a four year high.  With light economic data early this week, all eyes are on the Consumer Price Index reading that will come out on Wednesday for a better idea of where interest rates may go… Read More ›