US stocks edge higher as continued oil rally offsets weak retail-sales data

May 17, 2020 By: adminbackup

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Bulls Win Another Choppy Session

By: adminbackup

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

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Halfway through one of the strangest earnings seasons ever, here’s what we are learning

May 15, 2020 By: adminbackup

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Bulls Make Late Day Comeback

By: adminbackup

The market recovered much of Monday’s opening losses on optimism that beginning to reopen some economies around the world would bring a quick rebound in economic activity. The risk has been that those steps would lead to an uptick in corona virus cases, requiring new lock-downs and there were some potential signs of both outcomes from weekend events.The Nasdaq extended its winning streak to...

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Tesla’s Fremont factory: Here’s what Wall Street is watching as standoff ends

May 14, 2020 By: adminbackup

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Bears Get 2nd-Straight Win

May 13, 2020 By: adminbackup

The market recovered much of Monday’s opening losses on optimism that beginning to reopen some economies around the world would bring a quick rebound in economic activity. The risk has been that those steps would lead to an uptick in corona virus cases, requiring new lock-downs and there were some potential signs of both outcomes from weekend events.The Nasdaq extended its winning streak to...

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