Daily Stock Market News

Here's what is happening in the markets today, Tuesday, June 13 Stocks rally again! S&P and NASDAQ at highest levels since April 2022 Inflation at slowest annual rate since March 2021 Traders bet on a Fed Pause Crude Oil (CL) bounces back Tesla (TSLA) on its longest win streak on record PLUS: We'll look at our open positions and discuss plans for trading tomorrow's Fed Day This wra...

Here's what is happening in the markets today, Monday, June 12 S&P finishes the week at highs of the year This week all eyes on the Fed Important inflation data out this week Crude Oil (CL) slides 4% Will Tesla’s (TSLA) impressive win streak continue? Oracle (ORCL) on the move ahead of earnings PLUS: With Crude Oil down are there any Wheel Trading Opportunities? This wraps up today's s...

Here's what is happening in the markets today, Friday, June 9 S&P 500 posts its highest closing level this year S&P 500 is on pace for a four-week winning streak Tesla (TSLA) and GM stock up after striking a deal Tesla (TSLA) skyrockets and records tenth straight gain DocuSign (DOCU) shares jump 8% after beating expectations Initial jobless claims hit highest level since November 202 P...

Here's what is happening in the markets today, Thursday, June 8 Stocks little changed S&P 500 reaches highest level since August  Awaiting Federal Reserve's June policy meeting GameStop (GME) tumbles after CEO firing  Carvana (CVNA) surges on improved outlook  Initial jobless claims rise unexpectedly PLUS: How we trade these markets and our current positions This wraps up today's s...

Here's what is happening in the markets today, Wednesday, June 7 Stocks lower after S&P500 notches highest close since August Dave & Buster’s (PLAY) and Stitch Fix (SFIX) posted strong earnings results SEC sues Coinbase (COIN) a day after charging Binance US trade deficit increased in April, but came in below expectations Cocoa futures hit highest levels in almost 7 years. PLUS: How we...

Here's what is happening in the markets today, Tuesday, June 6 S&P 500 hits 9-month high Stocks lower as market takes a breather Apple (AAPL) just announced its first major product since 2014 Intel (INTL) drops 4% after Apple chip reveal  PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the "Stock Market Today"...

Here's what is happening in the markets today, Monday, June 5 S&P 500 had its best week since March  S&P 500 at highest level since August OPEC stick to 2023 production targets  But oil prices climb after Saudi Arabia cuts output Apple (AAPL) expected to announce VR headset Spotify (SPOT) cutting 2% of workforce in podcast division PLUS: How we trade these markets and our current posit...

Here's what is happening in the markets today, Friday, June 2 Debt ceiling bill passes Senate, eliminating default risk  Lululemon (LULU) and MongoDB (MDB) surge on strong results and forecast respectively  Today's Jobs Report: Economists predict 190K jobs added in May vs. 253K in April  Nasdaq & S&P 500 poised to finish with gains,  6th winning week for Nasdaq   Dow lower for week...

Here's what is happening in the markets today, Thursday, June 1 U.S. House passes debt ceiling bill to avoid default Final tally for May: Nasdaq +5.8%, S&P 500 +0.3%, Dow  -3.5%  Concerns remain before Fed meeting Retail earnings mixed; Macy's (M) down & Nordstrom (JWN) up  Chewy (CHWY) beat expectations  PLUS: How we trade these markets and our current positions This wraps up toda...

Here's what is happening in the markets today, Wednesday, May 31 Stocks lower as debt ceiling debate looms in Washington  Nasdaq outperforms, up 6.5% for the month of May  Advance Auto Parts (AAP) plunges 27% after big earnings miss Today: JOLTS Jobs Report PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the "Stock Mar...

Here's what is happening in the markets today, Tuesday, May 30th S&P & NASDAQ finished at highs not seen since Aug of 2022 on Friday DOW struggles - Down 3 out of the last 4 weeks Today stocks higher on news of tentative debt ceiling deal NVDA hits a HUGE milestone today TSLA, F, and COIN all making some big moves PLUS: We’ll look at our Suncor (SU) trade and review some possible oil &...

Here's what is happening in the markets today, Friday, May 26th Numbers for the Fed's favorite inflation gauge are out - We'll see how markets reacted It's official, another Fed rate hike is DEFINITELY on the table All eyes on Washington - Is there a Debt Ceiling deal? MRVL and Semiconductors on the move! PLUS: I'll share my Wheel trades and positions as we head into the holida...

Here's what is happening in the markets today, Thursday, May 25th Is another rate hike coming? We’ll discuss the FOMC minutes & take a look at the FedWatch Tool to see what traders think Debt Ceiling Gloom - Fitch Ratings puts US AAA rating on “negative watch” Nvidia (NVDA) goes crazy on earnings - Can it join the trillion dollar club? Semiconductors are on the move PLUS: My Wheel Portfoli...

Here's what is happening in the markets today, Wednesday, May 24 Stocks lower as debt ceiling negotiations continue Treasury Sec. Yellen warns of possible default in June Today: Minutes from Fed meeting to be released  Earnings reports from American Eagle (AEO) and Nvidia (NVDA) due after bell Kohl’s (KSS) rally as retailer reports a surprise profit Abercrombie & Fitch (ANF) pops 16% Netfl...

Here's what is happening in the markets today, Tuesday, May 23 Biden & McCarthy call debt ceiling meeting "productive"  Wall Street watches for resolution ahead of June 1 deadline Dow, S&P 500 lower; Nasdaq higher at highest level since Ausgust Earnings 1: Dick's Sporting Goods (DKS) beats expectations  Earnings 2: Lowe's (LOW) cuts full-year revenue outlook Copper at...

Here's what is happening in the markets today, Monday, May 22 Debt ceiling negotiations continue Last week: Nasdaq up 3.04%, S&P 500 1.65%, Dow 0.38% last week BoA sees S&P 500 up to 4,300 by year-end Apple (AAPL) down after downgrade from Loop Capital Q1 earnings season winding down, this week: Zoom Video (ZM), Lowe's (LOW) and Dick's Sporting Goods (DKS) Today: JPMorgan (JPM)...

Here's what is happening in the markets today, Friday, May 19 S&P 500 set for biggest weekly gain since March Nasdaq Composite on track for 3.3% weekly advance House Speaker McCarthy's comments suggest debt ceiling deal possible soon  Earnings from Deere (DE) and Foot Locker (FL) Dallas Fed President Lorie Logan: "not yet in favor of pausing rate increases" PLUS: How we trade...

Here's what is happening in the markets today, Thursday, May 18 Stocks higher ahead of potential debt ceiling resolution Indexes on track for weekly gains The Russell 2000 closed above its 50-day moving average for the first time since March Biden and McCarthy confident of debt ceiling resolution  Walmart (WMT) gains on strong earnings report  Regional banks continue to march higher after Wedn...

Here's what is happening in the markets today, Wednesday, May 17 Wall Street focuses on debt ceiling negotiations  Treasury Secretary Janet Yellen warns of default risk White House staff meeting daily on issues  Stocks higher on hopes of debt crisis resolution Today: housing starts & building permits info Dow closes below the 50-day moving average for the first time since March 30 PLUS: Ho...

Here's what is happening in the markets today, Tuesday, May 16 Stocks lower as debt ceiling negotiations resume in Washington  Treasury Secretary Yellen expects to avoid default  New York manufacturing activity drops sharply  Retail earnings reports from Home Depot (HD), Target (TGT) & Walmart (WMT) this week  Today: April retail sales report  VIX (Fear Index) up 5% PLUS: How we trade thes...

Here's what is happening in the markets today, Monday, May 15 S&P 500 and Dow have 2 straight weeks of losses Yellen hopeful on debt ceiling deal Stocks rebound Empire State Index in focus  This week: Lots of Fed Members talking PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the "Stock Market Today" episode,...

Here's what is happening in the markets today, Friday, May 12 Dow and S&P 500 fall on regional bank worries  PacWest (PACW) tumbles 22% Disney (DIS) had its worst day since November after reporting earnings Commodities: Copper hits five-month low, Crude Oil heading for 4th weekly loss Debt ceiling meeting postponed to next week Elon Musk steps down as Twitter CEO #Google (GOOGL) continues...

Here's what is happening in the markets today, Wednesday, May 10 Stocks drop ahead of CPI data AND, the number of the week is in…CPI lowest since April 2021 There’s a 99% probability the Fed will do THIS? Rivian (RIVN), Airbnb (ABNB) on the move Disney (DIS) earnings, what do the numbers say... PLUS: How I use PowerX Optimizer to determine the best calls to sell. This wraps up today's stoc...

Here's what is happening in the markets today, Tuesday, May 9 NASDAQ closes in Bull Market territory Traders tell us CPI data Matters The Debt Ceiling - All doom? Or much ado about nothing Palantir (PLTR), Lucid (LCID) and PayPal (PYPL) on the move after earnings PLUS: Can I sell calls on AMD? We'll take a look at the Wheel Calculator and our current positions This wraps up today's sto...

Here's what is happening in the markets today, Monday, May 8 Last week, the Dow and S&P 500 had their worst week since March despite Friday's rally Regional banking stocks surge after PacWest (PACW) cuts dividend This week: CPI and PPI Inflation Data release  This week's earnings: Tuesday: Fox (FOXA), Nikola (NKLA), Airbnb (ABNB), Rivian (RIVN), Disney (DIS) Wisdom from Warren Buff...