Daily Stock Market News

Here's what is happening in the markets today, Wednesday, February 15th NASDAQ higher for 2nd day straight Retail Sales out this morning and the #’s were a big surprise Buffett Effect strikes again - TSM & PARA on the move TSLA rallies after charger announcement KHC & RBLX report earnings  PLUS: We’ll review our current Wheel Strategy positions. This wraps up today's stock market news...

Here's what is happening in the markets today, Tuesday, February 14th  Stocks start the week strong CPI surprise moves the market Palantir posts its first profit ever KO and MAR earnings out V-Day stocks on the move?  PLUS: We’ll review what we did with our CTRA and see if there’s an even better opportunity to sell calls. This wraps up today's stock market news. If you enjoyed the "...

Here's what is happening in the markets today, Wednesday, February 8th Stocks snap 2-day losing streak Markets see huge swings after Powell’s comments MSFT vs. GOOGL: the AI wars heat up UBER on the run after HUGE earnings beat More layoffs: This time from ZM and EBAY A Bitcoin Golden Cross PLUS: We’ll review DIS earnings to see what we might expect after the bell. This wraps up today's stock mark...

Here's what is happening in the markets today, Tuesday, February 7th S&P and NASDAQ finish lower for 2nd day straight Markets brace for Fed Chair Powell BBBY avoids bankruptcy and goes on rollercoaster ride BAIDU's "Ernie bot" sends the stock soaring PLUS: We’ll see if we can close our OXY puts for a profit according to plan. This wraps up today's stock market news. If you enjoyed the "Stock M...

Here's what is happening in the markets today, Monday, February 6 Stocks fell on Friday But S&P 500 up 1.62% for the week, 4 winning weeks out of 5 "Golden Cross" for S&P 500 - will the rally continue? U.S. economy adds 517,000 jobs in January Earnings rollercoaster: Apple shares jump 2.4%, Alphabet & Amazon down after earnings reports 10yr Treasury yield tops 3.5% post report This wee...

Here's what is happening in the markets today, Friday, February 3 S&P trading at 6-month highs Can the NASDAQ finish higher for 5 weeks straight Red hot Jobs Report out this morning META has its best day since 2013 AAPL & GOOGL earnings disappoints 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" epi...

Here's what is happening in the markets today, Thursday, February 2 All major indices higher after Fed announcement Fed hikes interest rates by 0.25 as expected Powell acknowledges drop in inflation Peloton (PTON) & AMD (AMD) rally on earnings beat January strongest for Nasdaq in 22 years; S&P 500 since 2019 Gold hit a session high not seen since April. Facebook (META) rallies 19% after re...

Here's what is happening in the markets today, Wednesday, February 1 Dow & S&P 500 close higher, best January since 2019 Nasdaq has best January since 2001 Today: Fed Meeting! Fed expected to increase rates by quarter point AMD reports earnings 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, Tuesday, January 31 Stocks start the week lower Dow snaps 6-day win streak Big earnings week:  McDonald’s (MCD), General Motors (GM), Apple (AAPL), Meta Platforms (META), Amazon (AMZN) and Alphabet (GOOGL) are reporting FOMC Meeting starts today If S&P has 5%+ gain in January after negative year, 30% yearly average rise. PLUS: How we trade th...

Here's what is happening in the markets today, Monday, January 30 All major indices finished the week positive Nasdaq posts 4th week of gains Earnings season is in full swing - About 20% of the S&P 500 will report earnings: McDonald’s (MCD), General Motors (GM), Apple (AAPL), Meta Platforms (META), Amazon (AMZN) and Alphabet (GOOGL) are on deck this week Tesla shares jump 11%, best weekly perf...

Here's what is happening in the markets today, Friday, January 27 Stocks rally to 1-month highs DOW on 5-day win streak Important inflation data is out this morning Intel (INTC) rattling the market? Chevron (CVX) and American Express (AXP) report earnings 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" epis...

Here's what is happening in the markets today, Thursday, January 26 Nasdaq closes slightly lower for 2nd day Dow Jones ekes out small gain Microsoft (MSFT) down after issuing lackluster guidance Tesla (TSLA) and IBM reported earnings All 3 major averages up this week Today's economic report: GDP PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If...

Here's what is happening in the markets today, Wednesday, January 25 Stocks finish mixed: Dow up, S&P and Nasdaq down S&P 500 reclaims a position above 4,000 Microsoft (MSFT) reports better than expected earnings 3M (MMM) drops 6.2% on disappointing guidance NYSE nullifies trades due to data problem PLUS: How we trade these markets and our current positions This wraps up today's stock mark...

Here's what is happening in the markets today, Tuesday, January 24 Stocks surge on expectations of slowing Fed rate hikes Tesla (TSLA), Apple (AAPL) gain on hopes of China reopening Semiconductor stocks surge 4.7% Fed Member Waller comments hint at 25bp rate increase in next meeting Earnings Season: 57 companies of the S&P 500 have reported and 63% of them beat earnings expectations Bitcoin ri...

Here's what is happening in the markets today, Monday, January 23 Dow and S&P break 3-day losing streak Nasdaq has third straight positive week All major averages in positive territory for the year S&P 500 above 200 day Moving Average Busy Earnings week: 40% of Dow set to report earnings this week, e.g Microsoft (MSFT), IBM, Tesla (TSLA), Visa (V) & Mastercard (MA) Bitcoin has rallied...

Here's what is happening in the markets today, Friday, January 20 Stocks close lower on Thursday Dow, S&P 500 notch 3rd day of losses Dow is now negative for the year Unemployment filings hit lowest level since Sept. JP Morgan's CEO Jamie Dimon predicts rates above 5% Netflix reported earnings - here's what happened PLUS: How we trade these markets and our current positions This wraps up today...

Here's what is happening in the markets today, Thursday, January 19 Dow falls 600 points - worst day since Dec 15 Nasdaq snaps a 7-day win streak Microsoft (MSFT) falls after announcing layoffs PPI fell more than expected Markets still up for the month after strong start to year Cleveland Fed's Mester says need to keep hiking rates to get inflation down to 2% goal Today: Fed Vice Chair Lael Braina...

Here's what is happening in the markets today, Wednesday, January 18 Dow falls almost 400 points Reason: Goldman (GS) shares down 6.4% after Q4 earnings miss Morgan Stanley (MS) up 6% after reporting better than expected earnings 7% of S&P 500 companies reported and 70% beat expectations. Nasdaq up 6% YTD, S&P up 3.95% & Dow up 2.3% YTD S&P 500 running into resistance at the 4,000...

Here's what is happening in the markets today, Tuesday, January 17 Dow, S&P 500 and Nasdaq notch best week since Nov S&P 500 closes above 200-day moving average Bitcoin rallies above 21,000 Banks kick off earnings season Wells Fargo prepares for worse economy JPMorgan Chase posts credit losses due to mild recession Delta Air Lines beat estimates but stock slides 3.5% This week: Earnings fr...

Here's what is happening in the markets today, Friday, January 13 Stocks higher again - Will NASDAQ’s 5-day win streak last? Earnings Season kicks off Big Banks (WFC, BAC, C, JPM) and Delta (DAL) report before the bell Tesla (TSLA) cuts prices and gets a downgrade What we need to know for next week PLUS: We’ll look at Goldman (GS), Netflix (NFLX) and United (UAL) with our earnings analysis tool to...

Here's what is happening in the markets today, Wednesday, January 11 Stocks close higher, 3-day win streak for Nasdaq S&P 500 now up 2% for the year and trading above its 50-day moving average Fed Chair Powell's speech had limited impact Stocks trading in a tight range Investors await inflation data & bank earnings This week's focus: CPI Inflation Data PLUS: How we trade these markets and...

Here's what is happening in the markets today, Tuesday, January 10th Stocks closed mixed: S&P and Dow down, Nasdaq up S&P 500 fails to close above 3,900 - again Atlanta Fed President Bostic says Fed should hold above 5% for a "long time", Tesla (TSLA), AMD (AMD) and Nvidia (NVDA) all up more than 5% New bet: S&P 500 at 4,500 by the end of the year Today: Fed Chief Poweel speaks This we...

Here's what is happening in the markets today, Monday, January 9th Dow up 700 points in first big rally of 2023 Stocks rally after Dec. jobs report Reason: wages grew slower than expected Also: ISM non-manufacturing PMI contracts, seems that Fed's rate hikes are working S&P 500 at 4,500 by the end of the year? This week: All-important CPI inflation report PLUS: How we trade these markets and o...

Here's what is happening in the markets today, Friday, January 6th Stocks close lower - again Bed, Bath & Beyond (BBBY) falls 29.88% on concerns about bankruptcy Crypto-friendly bank Silvergate Capital (SI) plummets 43% after it disclosed major customer withdrawals Tesla (TSLA) drops to 2-year low ADP non-farm payrolls stronger than expected Today: December Jobs Report PLUS: How we trade these...

Here's what is happening in the markets today, Thursday, January 5th Stocks snap losing streak after a choppy session Mixed reports: JOLTS report signaled labor market strength, but ISM manufacturing index showed contraction after 30 months of expansion Fed Meeting Minutes hawkish: higher rates until inflation cooled Traders are now waiting for Friday's jobs report PLUS: How we trade these markets...