Market Snapshot – Thursday 10.31.19

Market Snapshot – Thursday 10.31.19

Happy Halloween Everybody! Apple and Facebook may have released stronger-than-expected earnings results, but that wasn’t enough to stop the markets from falling, as US-China trade negotiations took center stage.   According to Bloomberg, Chinese officials have voiced...
Market Snapshot – Wednesday 10.30.19

Market Snapshot – Wednesday 10.30.19

The S&P 500 closed at a record high following a triple dose of stronger-than-expected economic reports.    First, the ADP jobs report showed that the private sector added 125,000 jobs this month. Economists were expecting only 100,000 new jobs.   Second, GDP in...
Market Snapshot – Tuesday 10.29.19

Market Snapshot – Tuesday 10.29.19

The S&P 500 hit a new record high before backing off and closing below today’s open. So far, the low interest rate environment (here and abroad), trade deal optimism, and strong Q3 earnings have been the tailwinds supporting the current bull market across all...
Market Snapshot – Monday 10.28.19

Market Snapshot – Monday 10.28.19

The S&P 500 index entered into new territory as it hit an all-time high, the futures topping out today at 3044.08.   The Nasdaq also hit a record high today, its futures rising to a high of 8335.27 before slightly  pulling back.   Right now, investors may be...

Market Shorts – 10.25.19

‘Do or die’: Report warns banks to reinvent themselves to survive the next downturn CNBC “More than half the players in the global banking sector aren’t generating enough returns and should quickly reinvent themselves to weather any future...