Mid Day Outlook: November 7, 2017

Scott GreenDaily Market Insights

Mid-Morning Look Tuesday, November 7, 17    U.S. equities are lower after earlier touching fresh record highs, as a pullback in oil prices from 2-year best levels (surging oil helped boost energy stocks yesterday) and anticipation of the Senate version of the tax reform bill coming Thursday has investors anxious. With 3Q earnings slowing down, investors are shifting focus to … Read More

Morning Preview: November 7, 2017

Scott GreenDaily Market Insights

Early Look Tuesday, November 7, 17    Stock futures are mixed to slightly higher, coming off another record setting performance for major averages as investors brace for another busy day of corporate earnings results. Markets also watching President Trump amid his trip to Asia, warning North Korea overnight that he was prepared to use the full range of U.S. military … Read More

Market Review: November 6, 2017

Scott GreenDaily Market Insights

Closing Recap Monday, November 6, 17   Equity Market Recap ·      U.S. stocks again trade to all-time best levels, propelled by better than expected earnings results this quarter, hopes that tax reform will provide benefits to corporations and individuals (we are supposed to see the Senate version this week), and stronger economic data over the last few weeks (raising expectations for … Read More

Mid Day Outlook: November 6, 2017

Scott GreenDaily Market Insights

Mid-Morning Look Monday, November 6, 17    Equities trading slightly higher, to flat on the day as technology shares extend gains among U.S. averages amid better-than-expected earnings and as renewed M&A in the semi chip space boosts the index. There were several M&A stories today driving stocks, with QCOM confirming that AVGO made a $70 per share offer, while Sprint/TMUS … Read More

Market Review: November 3, 2017

Regal HelpdeskDaily Market Insights

Closing Recap Friday, November 3, 17  Equity Market Recap ·      What a week for U.S. stock markets, surging to new all-time highs following: better earnings, strong economic data (though jobs data was soft today), the Republican tax bill plan being released, a new Fed chairman named, several central banks in action (FOMC and BOE) and the week capped with potentially two … Read More

Mid Day Outlook: November 3, 2017

Regal HelpdeskDaily Market Insights

Mid-Morning Look Friday, November 3, 17 U.S. equities are mixed, as major averages look to end a very busy and news filled week on an up note. Coming into today, the Dow Industrials and Nasdaq Comp were set for weekly gains of 0.4% and 0.2%, respectively, while the S&P was eyeing a 0.1% loss for the week – with all … Read More

Morning Preview: November 3, 2017

Regal HelpdeskDaily Market Insights

Early Look Friday, November 3, 17 Stock futures looking at another higher open, led by another round of better than expected earnings, with tech behemoth and Dow component Apple (AAPL) rising after hours following its results. U.S. stocks were steady on Thursday as investors reviewed details of a tax bill that contains sweeping changes for business and individual taxes as … Read More

Mid Day Outlook: November 2, 2017

Scott GreenDaily Market Insights

Mid-Morning Look Thursday, November 2, 17    Equities opened higher, but have since reversed lower as investors reacted to details of the Republican plan to cut taxes which were released this morning. The S&P 500 Index turned lower as Republicans presented the tax plan, with homebuilders tumbling on news of changes to mortgage interest. Markets earlier showed little reaction to … Read More

Morning Preview: November 2, 2017

Scott GreenDaily Market Insights

Early Look Thursday, November 2, 17   Stock futures are pointing to a slightly lower open ahead of a very busy day of news and meetings, with a Bank of England decision (rates hike expected for first time in a decade) the announcement of the next Fed Chair and the official release of the tax reform bill all expected today. … Read More

Market Review: November 1, 2017

Scott GreenDaily Market Insights

Closing Recap Friday, October 27, 17   Equity Market Recap ·      Record highs for the Nasdaq Composite, topping the 6,700 level and rising more than 2.2% (or more than 150 points) for its biggest one day point gain in over two-years behind a strong round of earnings out of tech giants. The S&P 500 index (also record highs) and the Nasdaq … Read More