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Daily Update

Extreme Volatility May Be Here For A While

Extreme Volatility May Be Here For A While

By Michael Lebowitz and Lance Roberts | Jan 25, 2022 | Daily Market Commentary
The S&P exhibited extreme volatility throughout the day on Monday. The market opened weaker and fell sharply until 1 pm ET, where the S&P 500 bottomed down by over 170...
Stocks Bounce Around But End Down In Front Of The Fed

Stocks Bounce Around But End Down In Front Of The Fed

By Michael Lebowitz and Lance Roberts | Jan 24, 2022 | Daily Market Commentary
Stocks bounced around Friday as investors look ahead to Wednesday's important FOMC meeting. Fueling some of the volatility was options expiration and the associated trading, h...
Peleton – Another Lockdown Winner is Losing

Peleton – Another Lockdown Winner is Losing

By Michael Lebowitz and Lance Roberts | Jan 21, 2022 | Daily Market Commentary
Over the past year, many stocks that benefited from the Pandemic lockdowns have given up substantial gains. One of the more popular among investors, Peleton (PTON), got hid pa...
Small-Cap Stocks Struggle Again

Small-Cap Stocks Struggle Again

By Michael Lebowitz and Lance Roberts | Jan 20, 2022 | Daily Market Commentary
The Russell 2000 Small-Cap Stock index continues to struggle. On Wednesday, it fell 1.56% and is now down 9.2% for the year. The index is flat since the beginning of 2021. The...
Goldman Sachs Shares Tumble as Wages Soar

Goldman Sachs Shares Tumble as Wages Soar

By Michael Lebowitz and Lance Roberts | Jan 19, 2022 | Daily Market Commentary
Shares of Goldman Sachs tumbled Tuesday as earnings fell $1.30 short of expectations and were flat versus last year's earnings. The 7% decline in its shares is the largest sin...
No Vaccine Mandate Is Bad News For Vaccine Makers

No Vaccine Mandate Is Bad News For Vaccine Makers

By Michael Lebowitz and Lance Roberts | Jan 18, 2022 | Daily Market Commentary
Pfizer and Moderna shares struggled on Friday as the Supreme Court overturned a federal (OSHA) vaccine and testing mandate. States and individual employers can now decide if t...
Airline Stocks Soar Despite Market Turbulence

Airline Stocks Soar Despite Market Turbulence

By Michael Lebowitz and Lance Roberts | Jan 14, 2022 | Daily Market Commentary
Airline stocks took off on Thursday on the back of better than
7-Percent Inflation, What Will The Fed Do?

7-Percent Inflation, What Will The Fed Do?

By Michael Lebowitz and Lance Roberts | Jan 13, 2022 | Daily Market Commentary
Inflation is now running at 7-percent, well above the Fed 2% objective. Following the CPI report, Cleveland Fed President Mester mentioned the Fed should sell some of their bo...
The CPI Report Is Coming, Prepare For Volatility

The CPI Report Is Coming, Prepare For Volatility

By Michael Lebowitz and Lance Roberts | Jan 12, 2022 | Daily Market Commentary
At 8:30 am ET, the BLS will release the December CPI Report. Expectations are for an annual increase from 6.8% to 7.1%. Analysts expect the monthly inflation rate to slow from...
Small-Cap Stocks Are On Thin Ice

Small-Cap Stocks Are On Thin Ice

By Michael Lebowitz and Lance Roberts | Jan 11, 2022 | Daily Market Commentary
While the large-cap indexes trended higher throughout 2021, small-cap stocks (IWM) spent most of the year in a trading range. The recent market downdraft is pushing the Russel...