Morning Preview: January 17, 2018

Scott GreenDaily Market Insights

Early Look Wednesday, January 17, 18    Stock futures are once again on the rise after a brief hiccup yesterday that saw stocks slip from intraday records, as investors turn to earnings optimism with results from Goldman Sachs and Banc America expected later this morning. Stocks posted their biggest decline of the year yesterday as major averages pulled back from … Read More

Market Review: January 16, 2018

Scott GreenDaily Market Insights

Closing Recap Tuesday, January 16, 18    Equity Market Recap ·      What looked to be another record setting performance for major U.S. averages, with new intraday record highs across the board earlier in the Dow Industrials (trading above the 26K level for the first time, and rising 1,000 points in just 7-days), S&P 500, Nasdaq Comp, Russell 2000 and Transports…stocks ending … Read More

Mid Day Outlook: January 16, 2018

Scott GreenDaily Market Insights

Mid-Morning Look Tuesday, January 16, 18    U.S. equities are higher to start the week, extending record highs for major averages, with stocks hitting new milestones as the S&P 500 topping 2,800 and the Dow Industrials topping 26,000 for the first time. Market rally led this morning by components MRK on positive trial data, Boeing on another analyst upgrade and … Read More

Morning Preview: January 16, 2018

Scott GreenDaily Market Insights

Early Look Tuesday, January 16, 18    U.S. stock futures are again pointing to record levels, with momentum very strong and the Dow Industrials on track for its fastest 1,000-point gain as it sets its eyes on the 26,000-level following strong gains last week. Earnings will likely be the main driver today/this week with Dow component UNH reporting a quarterly … Read More

Market Review: January 12, 2018

Scott GreenDaily Market Insights

Closing Recap Friday, January 12, 18    Equity Market Recap ·      What word can you say or use to explain this market rally? Parabolic? Euphoric? Fear of missing the out? Either way, stocks end the day and week at record highs for an 8th time in the last 9 days to start the year, with the Nasdaq Comp up 5% YTD and … Read More

Mid Day Outlook: January 12, 2018

Scott GreenDaily Market Insights

Mid-Morning Look Friday, January 12, 18    Is there any stopping this bull-run? U.S. stocks on pace to post record closing highs for the 8th time in 9 days to start the year, with market euphoria soaring ahead of earnings season and the positive effects the Trump administration tax plan will have on companies. Banks the first to kick off … Read More

Morning Preview: January 12, 2018

Scott GreenDaily Market Insights

Early Look Friday, January 12, 18    U.S. stock futures in cruise control, with Dow futures rising another 100 points, and major averages on track for their 8th daily climb in 9 days to start the year. Market optimism soaring ahead of earnings season and the positive effects the Trump administration tax plan will have on companies. Major averages set … Read More

Market Review: January 11, 2018

Scott GreenDaily Market Insights

Closing Recap Thursday, January 11, 18    Equity Market Recap ·      New Year, same results as 2017! Major U.S. averages once again setting all-time closing record highs (7th time in 8 days), propelled by energy stocks as WTI Crude (and Brent) at fresh 3-year highs, while financials were mixed ahead of tomorrow earnings from JPM, PNC and WFC. There was absolutely no … Read More

Mid Day Outlook: January 11, 2018

Scott GreenDaily Market Insights

Mid-Morning Look Thursday, January 11, 18    Stocks rally! Equities slumped for the first time of the year yesterday, posting small losses (but rebounding well off the lows by days end)…but the market “melt-up” is once again underway, with record highs (nearly) across the board on positive market sentiment. Overnight, Chinese regulators blasted a report that Beijing will scale back … Read More

Morning Preview: January 11, 2018

Scott GreenDaily Market Insights

Early Look Thursday, January 11, 18    Stock futures are steadily higher, looking to rebound after posting the first losses of the New Year yesterday after reports China was considering halting the purchase of U.S. debt, which weighed on bonds and the dollar. However, each has rebounded after Chinese regulators blasted a report that Beijing will scale back its U.S. … Read More