Category Archives: Today’s Analysis
Sep 14,2020
Written on September 14, 2020 at 3:41 am, by anakin
Daily Market Analysis Market Focus U.S. shares continued to swing wildly after a five-month rally came to halt last week, putting the Nasdaq 100 on track for its worst week since March. The tech-heavy index traveled 3% from high to low Friday and was headed for the fifth loss in six days. It’s down 11%Continue Reading
Sep 09,2020
Written on September 10, 2020 at 4:24 am, by anakin
Daily Market Analysis Market Focus After the holiday, the U.S. market plunged heavily. The Nasdaq fell as much as more than 4%, and it is down nearly 10% within three days; major technology companies tumbled as much as 15%, such as Tesla Inc. and Apple Inc. The sell off in risky assets has been concentratedContinue Reading
Sep 08,2020
Written on September 8, 2020 at 4:28 am, by anakin
Daily Market Analysis Market Focus European stocks climbed as market speculated the area could be relatively resilient to the tech-led downdraft in the U.S. sterling sank on concern the U.K. is inching closer to a no deal Brexit. The Europe Stoxx 600 rose Monday with broad gains led by automakers. Oil extended its retreat belowContinue Reading
Sep 04,2020
Written on September 4, 2020 at 5:41 am, by anakin
Daily Position Report Market Focus The S&P 500 Index retreated from a record high and fell more than 4% in afternoon trading, set for its biggest drop since June amid declines in Apple, Microsoft, Amazon and Facebook. The Nasdaq 100 dropped more than 5%, its biggest intraday decline since March. European stocks erased gains andContinue Reading
Sep 03,2020
Written on September 3, 2020 at 3:15 am, by anakin
Daily Position Report Market Focus U.S. market rises along with European market as the nearly relentless rally in risk assets continues, encouraged by some constructive U.S. economic report and moderating COVID-19 inflections. U.S. major indices hold a firm advance after a closely watched report on ADP Non- farm Employment Change on Wednesday morning. Tech shares,Continue Reading
Sep 02,2020
Written on September 2, 2020 at 8:04 am, by anakin
Daily Market Analysis Market Focus U.S. stocks notched fresh records, with tech shares in the lead as investors snapped up work-from-home winners. Zoom Video Communications Inc. led a rally in companies well positioned for stay-at-home orders, while Apple Inc. pulled the S&P 500 Index to a fresh high after August’s blowout gain. The dollar erasedContinue Reading
Aug 24,2020
Written on August 25, 2020 at 2:51 am, by anakin
Daily Market Analysis Market Focus U.S. markets drift slightly higher as investors assess economic reports and a resurgence of coronavirus cases in Europe. Economic data from most of euro- area seem to worsen than expected, except the U.K. Europe is grappling with a resurgence of pandemic infections, with little appetite amid top officials to resortContinue Reading
Aug 21,2020
Written on August 21, 2020 at 4:30 am, by anakin
Daily Market Analysis Market Focus Stocks climbed as gains in giant technology companies drove the Nasdaq 100 to a record, tempering concern that a recovery from the pandemic-induced recession will need more time. Treasuries rose. The rally in heavyweights such as Apple Inc. and Tesla Inc. offset a slide for energy producers and banks amid light trading volume. Earlier Thursday, equitiesContinue Reading
Aug 20,2020
Written on August 20, 2020 at 7:07 am, by anakin
Daily Market Analysis Market Focus Stocks are slightly higher after closing at a record for the first time since COVID-19 started amid a rebound in giant technology companies. Major indexes advance as investors are waiting for the latest stimulus plan discussion ahead of the Federal Reserve’s meeting minutes. In the meanwhile, investors are putting theContinue Reading
Aug 18,2020
Written on August 19, 2020 at 2:39 am, by anakin
Daily Market Analysis Market Focus Major U.S. indexes climb, buoyed by Chinese stimulus overnight, as of writing. The S&P 500 aims at its before the pandemic closing- record; the Nasdaq outperforms as a jump in several technological companies. In the meanwhile, China has decided to roll over medium- term loans and keep borrowing costs constantlyContinue Reading