Brad mcMillan

The negative cloud that has enveloped the market in the new year apparently hasn’t lifted, as index futures point to a lower opening on Monday. The grounding of Boeing Co.’s (NYSE:BA) 737 MAX 9 jets following an accident involving one of its kind has impacted sentiment toward all...

U.S. stocks seem poised to kick off the new week with a subdued tone, riding the coattails of recent gains and influenced by two significant Main Street catalysts: the Federal Reserve’s rate-setting meeting and the November inflation report. The prevailing sentiment is cautious,...

The markets exhibited a mixed trend Monday, with technology heavyweights experienced a slight downturn as investors adopt a cautious approach ahead of the pivotal consumer price index report on Tuesday. Adding to the market’s unease: Moody’s decision to revise the U.S. sovereign rating...

U.S. stocks experienced a drop as of midday trading in New York, potentially ending a prolonged streak of consecutive daily gains as investors evaluate the economic outlook. Commodity prices continued to weaken on Wednesday, with crude oil prices declining to as low as $75 per barrel, approaching...

It’s a risk-on start to the week, with investors favoring riskier assets, buoyed by a significant drop in Treasury yields and a weakening U.S. dollar. All major U.S. indices posted gains during midday trading, with every S&P 500 sector showing positive movement, except for the energy...

Markets kicked off the week with heightened volatility due to the ongoing conflict between Israel and the Palestinian militant group Hamas. Israel’s defense minister announced a comprehensive blockade on the Gaza Strip, encompassing even food and water restrictions. Crude oil became the most...

Sentiment saw a revival on Friday, but stocks are still on track for a weekly decline. Apple Inc. (NASDAQ:AAPL) rose 1%, putting a halt to the 6% decline observed over the last two sessions due to concerns regarding a potential Chinese ban on iPhones. Meanwhile, the U.S. dollar is on track for its...

U.S. stocks continue their downward trajectory on Wednesday, failing to reverse their negative momentum, as investors approach Thursday’s inflation data release with caution. The Nasdaq 100 briefly touched its lowest point since July 11, experiencing a 1% drop as of midday trading. Reviving...

The stock market experienced a negative start to the week, with investors remaining fairly cautious ahead of Wednesday’s inflation report. Large tech stocks traded in the red, likely hit by weaker-than-expected inflation data in China overnight, with Amazon.com, Inc. (NASDAQ:AMZN) falling 2.3...

The U.S. labor market is hot, beating all forecasts in May and recording its strongest performance in recent months. Nonfarm payrolls came in at 339,000 — far surpassing the expected 190,000 — it seems the labor market isn’t showing any signs of weakness. Investors now have one primary...

De-dollarization talks have gained ground recently, with the Chinese yuan and a proposed new BRICS currency among those touted as an alternative. An economist, however, argued the case for the dollar retaining its global dominance. Dollar Is Most Secure: The position of the dollar as the global...

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a strong start to 2023, but history suggests the second half of February could be a difficult road for the market. After a difficult December and a horrible overall 2022, the stock market rallied in January as fears over inflation subsided....

There's no question 2022 has been a brutal year so far for investors. With the SPDR S&P 500 ETF Trust (NYSE: SPY) down nearly 20% year-to-date, Brad McMillan, chief investment officer for Commonwealth Financial Network, recently compiled the Commonwealth team's economic and market...

Brad McMillan, chief investment officer for Commonwealth Financial Network, recently released his 2022 Market and Economic Outlook report. One of the main themes of this year’s report: the return to normal for the market and the economy in 2022 that McMillan is expecting, and what it will...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has plenty of bullish momentum heading into the end of the year, and the latest jobs report from the Labor Department highlighted just how strongly the economy is rebounding now that COVID-19 vaccinations are widespread. Yet economic recessions always...