Mid-Morning Look: October 29, 2020

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Mid-Morning Look Thursday, October 29, 2020 Index Up/Down % Last   DJ Industrials 119.89 0.45% 26,639 S&P 500 28.54 0.87% 3,299 Nasdaq 122.89 1.11% 11,127 Russell 2000 -1.86 0.12% 1,541     U.S. stocks open higher, led by a recovery in technology ahead of AAPL, AMZN, FB, GOOGL, TWTR earnings after the close tonight, as investors look to scoop up … Read More

Morning Preview: October 29, 2020

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Early Look Thursday, October 29, 2020 Futures Up/Down % Last DJ Industrials 147.00 0.56% 26,556 S&P 500 22.50 0.69% 3,286 Nasdaq 109.50 0.98% 11,242     Stocks futures are bouncing following the sharpest drop for U.S. stocks since June, as a recent resurgence in the number of deaths and hospitalizations due to COVID-19 has thrown a curve ball to investors … Read More

Market Review: October 28, 2020

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Closing Recap Wednesday, October 28, 2020 Index Up/Down % Last DJ Industrials -939.13 3.42% 26,524 S&P 500 -119.26 3.52% 3,271 Nasdaq -426.48 3.73% 11,004 Russell 2000 -47.21 2.97% 1,543   Equity Market Recap ·     Global stock markets tumbled (closing at lows) as rising coronavirus infections and tougher lockdowns in Europe added to worries about the economic hit from pandemic. U.S markets … Read More

Mid-Morning Look: October 28, 2020

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Mid-Morning Look Wednesday, October 28, 2020 Index Up/Down % Last   DJ Industrials -782.74 2.85% 26,680 S&P 500 -99.24 2.93% 3,291 Nasdaq -356.55 3.10% 11,076 Russell 2000 -36.83 2.31% 1,553     A very ugly day on Wall Street, falling more than 2% across the board and on track to push major averages lower for the month with no current … Read More

Daily Commentary: October 28, 2020

Jeremy Engelbrecht1Option Commentary

Big Market Drop – This News Could Be Why Posted by Pete Stolcers on October 28 www.1option.com   The market has been in a steady decline the last two days and support at the 50-day moving average has been breached. The Coronavirus is spreading and there will not be a stimulus bill before the election. If the SPY closes below … Read More

Morning Preview: October 28, 2020

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Early Look Wednesday, October 28, 2020 Futures Up/Down % Last DJ Industrials -438.00 1.60% 26,927 S&P 500 -43.50 1.29% 3,339 Nasdaq -120.50 1.04% 11,467     Stock futures are plunging globally, as the surging coronavirus cases in the world, especially in Europe where many countries are tightening restrictions on business activity raising concerns about the economic recovery for many is … Read More

Market Review: October 27, 2020

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Closing Recap Tuesday, October 27, 2020 Index Up/Down % Last DJ Industrials -221.37 0.80% 27,464 S&P 500 -10.23 0.30% 3,390 Nasdaq 72.41 0.64% 11,431 Russell 2000 -14.49 0.90% 1,590   Equity Market Recap ·     U.S. stocks finished mixed on Tuesday as the Nasdaq Composite outperformed behind technology and biotech stocks, while the Dow Jones slipped ahead of MSFT earnings tonight and … Read More

Mid-Morning Look: October 27, 2020

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Mid-Morning Look Tuesday, October 27, 2020 Index Up/Down % Last   DJ Industrials -101.65 0.37% 27,583 S&P 500 -2.98 0.09% 3,397 Nasdaq 41.63 0.36% 11,399 Russell 2000 -1.57 0.10% 1,603     U.S. stocks start the day mixed, but a much better picture than yesterday when stocks fell the entire morning, when the Dow Jones Industrials dropped as much as … Read More

Daily Commentary: October 27, 2020

Jeremy Engelbrecht1Option Commentary

Expect Market Weakness Ahead of the Election – Do This If We Get A Big Drop Posted by Pete Stolcers on October 27 www.1option.com   Investors have pre-election jitters and the SPY closed below the 50-day moving average yesterday. A stimulus bill in the next week is unlikely so that safety net is gone. Mail-in ballots could delay the election … Read More

Morning Preview: October 27, 2020

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Early Look Tuesday, October 27, 2020 Futures Up/Down % Last DJ Industrials 104.00 0.38% 27,685 S&P 500 15.50 0.46% 3,409 Nasdaq 60.50 0.52% 11,552     U.S. stocks are looking modestly higher to start the day, extending the recovery of session lows yesterday (S&P futures back above the 3,400 level) as the busy week of earnings kicks into full gear … Read More