by rogerscott | May 18, 2023 | Daily Videos
The market stumbled Thursday morning as investors kept watch on the debt ceiling discussion and the Federal Reserve’s next move. Despite hopes that interest rate hikes will soon pause, Dallas Fed President Lorie Logan said recent economic data doesn’t support a...
by rogerscott | May 17, 2023 | Daily Videos
Before we get to today’s stock market outlook, I want to let you know I’m going live at 11 a.m. ET on today’s Roundtable With Don Yocham alongside Celeste Lindman and Garrett Baldwin. We’ll talk about the looming debt ceiling’s drop dead date, regional banks,...
by rogerscott | May 16, 2023 | Daily Videos
The market stumbled on a dismal forecast from Home Depot and Tuesday afternoon’s looming debt ceiling meeting. Home improvement retailer The Home Depot Inc. (NYSE: HD) missed on revenue expectations and cut full-year guidance, causing shares to fall 4.4%. The...
by rogerscott | May 15, 2023 | Daily Videos
The markets are flat to start the week as investors await news of a debt ceiling deal. “I’m hopeful. I think the negotiations are very active,” Treasury Secretary Janet Yellen said of avoiding a default. “I’m told they have found some areas of agreement.” Meanwhile,...
by rogerscott | May 12, 2023 | Daily Videos
Before we get to today’s stock market outlook video, I wanted to let you know that I’m going live at 11 a.m. ET today, May 12, in my VIP Champion Trade Room! I’ll talk about market action, scan for opportunities and answer your questions, so I hope to see you there!...
by rogerscott | May 11, 2023 | Daily Videos
The market was flat Thursday morning as investors considered Disney’s second-quarter earnings report and lower-than-expected wholesale inflation. The Walt Disney Co. (NYSE: DIS) narrowly beat revenue estimates and missed on earnings, causing shares to fall more than...