Wall Street Cheat Sheet

It’s month-end and that could generate some volatility as positions are squared. Stocks and bonds rallied to end a shortened session on Friday with more new highs on the S&P 500 and the NASDAQ, with […]

Stocks are up this morning because Moderna MRNA said its experimental vaccine candidate was 94.5% effective, according to interim analysis of its Phase 3 study. Morgan Stanley MS raised its S&P 500 price target to

The dollar posted fresh lows, continuing last week’s theme as global stock markets and commodity prices surged. EUR-USD posted an eight-week high at 1.1899, while the DXY dollar index concurrently printed new two-month low at

Investors ran into a wall of worry last week and were left with nowhere to hide as uncertainties surged into the weekend. Stocks plunged ahead of the lofty event risk on Tuesday, U.S. election day.

Is it an understatement to say there is plenty of event risk ahead? Indeed, there may be so many associated uncertainties, and all with varying consequences, that the life will likely be sucked out the

The craziness continues in DC as Negotiations in Washington over the size and composition of another stimulus package will remain a focus this week. It has been on-again, off-again between the GOP and Democrats in

The markets are facing an already difficult year became even more challenging after President Trump tested positive for COVID-19, adding to the increasingly tumultuous political backdrop in the U.S., including action on another stimulus bill.