DailyMarket

New market snapshots posted every business day.

Market insight and snapshots offered daily. Commentary provided by SiebertNXT Professionals

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We Didn’t Start The Fire

We didn’t start the fire.  Equities rallied yesterday following a spike in the Chinese stock market caused by a government mandate to buy stocks… hmm. The US rally was led by tech stocks pushing the Nasdaq to a higher high.   N O T E W O R T H Y   All clear?  Yesterday’s…

In With A Bang!

In with a bang!  Stocks gained ground on Thursday in response to a better-than-expected unemployment report.  More hires than fires attracted a bid for stocks but the good news was tempered by a hesitant Administration.   N O T E W O R T H Y   Short fuse.  Time seems to be a bit…

Labor Of Love

Labor of love.  Stocks had a mixed close yesterday as several states rolled back reopenings. Good news on the virus vaccine front combined with good economic data offset frightening virus headlines.   N O T E W O R T H Y   Nose to the grindstone.  It’s jobs day on steroids.  The Department of…

In The Books

In the books.  Stocks rose in the final session of the quarter as fund managers rebalanced their portfolios for an uncertain quarter ahead.  Consumers are confident about the future as many states are slowing or rolling back re-openings.   N O T E W O R T H Y   All about control.  Well, here we…

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