by rogerscott | Jan 18, 2023 | Daily Videos
The market rose Wednesday morning as the most recent economic data hints that inflation may have peaked — and more in Wednesday’s stock market recap. The Producer Price Index, which measures the wholesale cost of goods and services, fell 0.5% in December. Analysts...
by rogerscott | Jan 17, 2023 | Daily Videos
The major indexes dipped lower as earnings reports roll in — and more in Tuesday’s stock market recap. Big banks and other financials continued reporting Tuesday morning. The Goldman Sachs Group Inc. (NYSE: GS) came in below profit estimates as investment banking...
by rogerscott | Jan 13, 2023 | Daily Videos
The major indexes slid lower on recession fears as big banks report earnings — and more in Friday’s stock market recap. JPMorgan Chase & Co. (NYSE: JPM) beat analysts’ expectations on earnings and revenue, but said a mild recession remains its chief concern for...
by rogerscott | Jan 12, 2023 | Daily Videos
The major indexes are up slightly as they digest the latest inflation and jobs data — and more in Thursday’s stock market recap. December’s Consumer Price Index report came in at 6.5% year over year, below the November figure of 7.1% and consensus estimates of 6.6%....
by rogerscott | Jan 11, 2023 | Daily Videos
The major indexes rose as investors look ahead to Thursday’s inflation data — and more in Wednesday’s stock market recap. Analysts expect Thursday’s Consumer Price Index data to come in at 6.6% year over year, down from 7.1% in November. Core CPI, which excludes...
by rogerscott | Jan 10, 2023 | Daily Videos
Before we begin, I want to let you know about a special open house session of my VIP Trade Room session at noon ET today, Jan. 10… I’ll discuss upcoming earnings announcements and potential opportunities, key technical levels on financials ahead of big banks’...