Daily Stock Market News

Here's what is happening in the markets today, Wednesday, January 4th Stocks close lower on first trading day of 2023 Tesla (TSLA) & Apple (AAPL) drag down markets Same as last year: Fed rate hikes and recession fears spook investors Good news: U.S stocks historically rebound after down years Key economic data due out this week: JOLTS, Fed minutes, jobs report PLUS: How we trade these markets...

Here's what is happening in the markets today, Tuesday, January 3rd - Stocks ended 2022 down (again) - All major indices have their worst year since 2008 - Nasdaq has 4 consecutive negative quarters - War in Ukraine, Covid in China, record inflation and Fed rate hikes are responsible for the losses - Expect a bumpy first quarter - VIX jumps higher - Tesla (TSLA) reports 1.31 million deliveries in...

Here's what is happening in the markets today, Friday, December 23rd Stocks pummeled, snapping 2-day win streak Traders react to the Fed's favorite measure of inflation New Home Sales out Tesla (TSLA) gets hammered Chip stocks down big PLUS: A trade to consider if you’re not in AMD or NVDA This wraps up today's stock market news. If you enjoyed the "Stock Market Today" episode, make sure to subscr...

Here's what is happening in the markets today, Thursday, December 22nd Stocks higher for 2nd day straight Consumer Confidence highest since April Final GDP shows the economy grew faster than expected Crude Oil rallies for 3rd day in a row Micron (MU) earnings disappoints AMC hammered after a surprise announcement ...and much more PLUS: We’ll use PowerX Optimizer to see if we should sell CTRA calls...

Here's what is happening in the markets today, Wednesday, December 21st Stocks snapped a 4-day losing streak - but barely S&P 500 breaks above 3,800 level Building permits came in lower than expected - sign of coming recession? This week's focus: Key Inflation Report on Friday Nike (NKE) soars 12%, FedEx (FDX) up 3% after better than expected earnings … and much more PLUS: How we trade these m...

Here's what is happening in the markets today, Tuesday, December 19th Stocks fell Monday on recession fears Stocks lower for 4th day in a row Dow, S&P 500, Nasdaq Composite all down for month & year Time running out for year-end rally? This week's focus: Key Inflation Report on Friday General Mills (GIS), Nike (NKE) and FedEx (FDX) reporting this week … and much more PLUS: How we trade the...

Here's what is happening in the markets today, Friday, December 16th Stocks fall sharply Dow drops 700 points - worst day in three months Reason: weak retail sales indicating inflation could be hurting customers Fed plans to keep hiking rates through 2023 Stock market factoring in recession risk No more "Santa Claus Rally"? … and much more PLUS: How we trade these markets and our current positions...

Here's what is happening in the markets today, Thursday, December 15th Fed increases interest rate 50 basis points to highest level in 15 years Forecast raising rates until 2024, higher “terminal rate” of 5.1%. Powell ignores lower CPI data Stocks drop after the decision S&P 500 falls below its 200-day moving average and below the 4,000 level Interesting: VIX (Fear Index) also lower … and much...

Here's what is happening in the markets today, Wednesday, December 14th Stocks closed higher for a second day in a row Reason: Better than expected CPI data But it was a rollercoaster ride with wild swings Next on deck: Fed Meeting at 2:00pm ET Fed is expected to raise interest rates by 50 basis points Most important: Fed Chief Powell's press conference at 2:30pm ET … and much more PLUS: How we tr...

Here's what is happening in the markets today, Tuesday, December 13th Stocks higher ahead of inflation data and Fed Meeting S&P 500 stops at 4,000 level Today: All import CPI data with expectations of 5.2% one-year inflation rate in November VIX (Fear Index) jumps 9.6% … and much more PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enj...

Here's what is happening in the markets today, Monday, December 12th Stocks drop Friday and have worst week since September November PPI higher than expected This week's focus: CPI Inflation data on Tuesday and Fed meeting on Wednesday Investors hoping for the Fed to pivot from aggressive stance  VIX (Fear Indes) is moving higher … and much more PLUS: How we trade these markets and our curren...

Here's what is happening in the markets today, Thursday, December 8th - S&P 500 falls for 5th day as traders weigh potential recession and longer Fed rate hikes - 10-Year Bond Yield also drop to 3.4% - Unit labor costs revised down - Markets "bobbing around" until Fed meeting - Stocks down ~2-4% for the week so far … and much more PLUS: How we trade these markets and our current positions This...

Here's what is happening in the markets today, Wednesday, December 7th S&P 500, Nasdaq & Dow tumbled on recession fears Stocks falls for 4 days in a row S&P 500 close below 4,000 level and give back all the post-Powell speech gains JPMorgan Chase’s CEO Jamie Dimon warned of recession VIX (Fear Index) rises 7% Oil falls to lowest level since December, 2021 … and much more PLUS: How we t...

Here's what is happening in the markets today, Tuesday, December 6th Stocks finished lower, following a big run in recent weeks NASDAQ had its biggest one-day drop since Nov. 9 Today's market movement was partly due to concerns that the Fed will continue tightening until it tips the economy into a recession The S&P 500 closed below its 200-day moving average and just below the 4000 level Tesla...

Here's what is happening in the markets today, Monday, December 5th Stocks finished mixed on Friday The market opened lower on concerns about the hotter-than-expected labor data, but regained ground by the end of the day. Jobs Report: higher-than-expected number of jobs added and higher hourly eaernings This was the final monthly employment report before the Fed's meeting The Fed is expected to sl...

Here's what is happening in the markets today, Friday, December 2nd Stocks finished mixed ahead of big report Was Wednesday’s rally an overreaction? Today: Jobs Report! Gold has its best day since 2020 “Soft landing” for US economy possible? … and much more 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" ep...

Here's what is happening in the markets today, Wednesday, November 30th Here's what is happening in the markets today, Thursday, December 1st Stocks snap 3-day losing streak after monster rally Back-to-back winning months for stocks Is the Fed ready to slow down rate hikes? The Fed’s favorite inflation gauge is out today Earnings losses for CRM and DG … and much more PLUS: How we trade these marke...

Here's what is happening in the markets today, Wednesday, November 30th The S&P 500 and Nasdaq closed lower for a third straight session Today: JOLTS job openings and Federal Chief Powell’s big speech Apple (AAPL) falls again due to iPhone production shortfalls … and much more PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the...

Here's what is happening in the markets today, Tuesday, November 29th Stocks closed lower on Monday Reason: demonstrations in China regarding Covid restrictions Companies with big production facilities in China were under pressure, e.g. Apple (AAPL) drops 2.6% This week: Job’s report and key inflation report PCE Wednesday: Big speech from Fed Chair Jerome Powell Crude Oil falls to lowest level of...

Here's what is happening in the markets today, Friday, November 18th Stocks close lower for a second day in a row But it could have been worse: The Dow rebounded 300 points from the low Fed Members say interest rates must go much higher Cisco (CSCO) jumps 5% higher Crude Oil down 8.2% and on pace for its worst week since August … and much more PLUS: How we trade these markets and our current posit...

Here's what is happening in the markets today, Thursday, November 17th Stocks finished mixed Normal consolidation period after a big run recently October retail sales report came in stronger than expected Target (TGT) drops 13% after disappointing earnings Other retailers like Macy’s (M),  Nordstrom (JWN), Kohl’s (KSS) and Gap (GPS) were also down sharply … and much more PLUS: How we trade th...

Here's what is happening in the markets today, Tuesday, November 15th Stocks lower and snap a two-day rally Today: All-important PPI Inflation Report Fed Vice President: Slow down interest rate hikes? The “Buffet Effect”: Taiwan Semiconductor Manufacturing jumps 13% … and much more PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed th...

Here's what is happening in the markets today, Monday, November 14th Stocks had their best week in 5 months S&P 500 up 5.9%, Dow up 4.2% and Nasdaq gained 8.1% This week: Earnings from retailers like Walmart (WMT), Home Depot (HD), Target (TGT), Lowe’s (LOW), Macy’s (M) and Kohl’s (KSS) Bitcoin falls below $16,000 FTX saga continues This week’s economic report: PPI Inflation Data and Core Reta...

Here's what is happening in the markets today, Friday, November 11th Biggest One-Day Rally Since 2020 Dow jumps 1,200 points The Nasdaq surged 7.35% Ethereum rallies 18% VIX falls to lowest level in 2 months 10-year yield drops below 4% 30-year mortgage now at 6.6% … and much more PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the...

Here's what is happening in the markets today, Thursday, November 10th Stocks close at session lows Today: CPI Inflation Data - Here’s what’s happening Bitcoin and Ethereum getting crushed after crypto exchange Binance said it’s backing out of plans to acquire its rival FTX Election results are still uncertain VIX falls to lowest level in 2 months 10-year yield drops below 4% … and much more PLUS:...