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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...
GameStop Dumps As Speculative Fever Fades

GameStop Dumps As Speculative Fever Fades

By Michael Lebowitz and Lance Roberts | Jan 10, 2022 | Daily Market Commentary
Investor exuberance for speculative investments is increasingly waning. For instance, GameStop (GME) surged 25% in after-hours trading Thursday night after they announced plan...
Is A Value Rotation Afoot?

Is A Value Rotation Afoot?

By Michael Lebowitz and Lance Roberts | Jan 7, 2022 | Daily Market Commentary
As we enter 2022, we wonder if this is the year we finally see a rotation to value stocks? The graph below shows how value has lagged growth tremendously over the last four ye...
The Hawkish Fed Scares Investors

The Hawkish Fed Scares Investors

By Michael Lebowitz and Lance Roberts | Jan 6, 2022 | Daily Market Commentary
The Fed minutes from their December 14-15th meeting, released yesterday, show a heightened concern with inflation. There is little doubt after reading the minutes the Fed is g...
Ford Is Starting To Trade Like Tesla

Ford Is Starting To Trade Like Tesla

By Michael Lebowitz and Lance Roberts | Jan 5, 2022 | Daily Market Commentary
Ford (F) is following Tesla's path. Tesla shares surged on Monday after they released strong delivery numbers over the weekend. Following in Tesla's footsteps, Ford is up over...