DailyMarket

New market snapshots posted every business day.

Market insight and snapshots offered daily. Commentary provided by SiebertNXT Professionals

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Hang In There

Hang in there.  Stocks closed lower yesterday as investors eyed rising infection rates and trepidation ahead of last night’s debate.  Consumer confidence ticked up, beating economists’ estimates, but still remained below pre-pandemic levels.   N O T E W O R T H Y   The song remains the same. Hello, it’s election season!  I suppose…

Bonanza

Bonanza.  Stocks surged yesterday, extending Friday’s gains as investors rushed into all sectors on positive sentiment.  A stream of mergers, traditional IPO’s, and SPAC offerings have given investors confidence that the market is healthy.   N O T E W O R T H Y   Market timing, from a different perspective.   For the purpose…

Sea Of Green

Sea of green.  Stocks rallied on Friday as nervous investors breathed a sigh of relief.  Hopes that Congress will come up with a compromise on aid helped fuel the rally, which was led by technology shares.   N O T E W O R T H Y   The path forward.  September is, historically, a…

Seeking Calm

Seeking calm.  Stocks achieved modest gains yesterday as shares rocketed up from deep early losses only to fade, once again later in the session. Investors continue to worry over the lack of a follow-on stimulus package while jobless data showed a greater than expected rise in first-time claims last week.   N O T E…

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