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Retail Investing Peaks In 2023: How Small-Time Trading Matured From Meme Stock Frenzy
Tuesday, December 12, 2023 - 3:20pm | 600In 2023, retail investors made a comeback. The stock market was flooded during the COVID-19 pandemic by a wave of novice investors, attracted by stimulus checks, extra free time and the new possibilities granted by mobile trading platforms. Approximately 30 million new brokerage accounts were...
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Friday's Market Minute: Fed's Projections on Rates & Inflation are Disconnected
Friday, September 22, 2023 - 12:22pm | 439Looking back in time a year ago, it was clear the Federal Reserve needed to aggressively raise borrowing costs to reduce inflationary pressures on the economy. As inflation pressures slowly subside and the Fed reaches its current policy plateau, the risks of raising rates to a more-than-...
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No Relief: Early Rally Seen Unconvincing as Stocks on Pace for Worst Week Since March, D.C. Shutdown Fears Grow
Friday, September 22, 2023 - 12:19pm | 1968(Friday market open) Bearish sentiment already prowled Wall Street thanks to skyrocketing Treasury yields, a hawkish Federal Reserve, 10-month highs in crude oil, a firm dollar, and the autoworkers’ strike, so growing fear of a government shutdown is arguably the last thing investors need....
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Stocks on Pace to Retest Summer's Lows as Investors Digest Fed's "Higher for Longer" Message
Thursday, September 21, 2023 - 11:08am | 2063(Thursday market open) Treasury yields soared to new 16-year highs and the dollar posted fresh gains early Thursday, adding to pressure on stocks following the Federal Reserve’s “hawkish pause.” “Higher for longer” was what many investors anticipated—and what...
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Thursday's Market Minute: S&P Futures: An Uptrend in Peril?
Thursday, September 21, 2023 - 11:01am | 316As the dust settles from the Federal Reserve’s decision to leave interest rates unchanged at yesterday’s meeting, S&P 500 futures continue to fall in premarket trading. The /ES was down about -4% from its yearly highs on July 27 as of the close, and this decline has triggered some...
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Suspense Builds: Fed Expected to Keep Rates on Pause, but Economic and Rate Projections Seen Key
Wednesday, September 20, 2023 - 10:10am | 1928(Wednesday market open) Welcome to Fed Day. Major indexes clawed back into the green in premarket trading, boosted by falling crude oil prices and lower Treasury yields. But trading might lack direction in the hours leading up to the Federal Reserve’s decision on interest rates if historic...
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Retailers Posted Mixed Results As Investors Await Chipmaker Nvidia Earnings, Powell Speech
Wednesday, August 23, 2023 - 11:54am | 2288(Wednesday market open) Investors hoping for a rebound this week from a rough first half of August had to tap the brakes Tuesday as disappointing earnings from big retailers combined with bank rating downgrades to dampen the market mood. Still, stock futures based on the S&P 500®...
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Friday's Market Minute: Long-Term Rates Pressuring Stocks And Bonds
Friday, August 18, 2023 - 1:15pm | 383We’re excited to announce Market Minute will have a new look on Monday as part of our rebranding to the Schwab Network. You’ll still enjoy the same market commentary and insight, so stay tuned! Broad equity markets are on pace for three consecutive weekly declines as the Fed maintains a...
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Thursday's Market Minute: Faltering Nasdaq Breaching Potential Support
Thursday, August 17, 2023 - 1:16pm | 362We’re excited to announce Market Minute will have a new look on Monday as part of our rebranding to the Schwab Network. You’ll still enjoy the same market commentary and insight, so stay tuned! The tech sector has stumbled in recent weeks as Nasdaq-100 futures have fallen about 7% from...
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Thursday's Market Minute: Geopolitical Escalations: A Greater Risk Than Inflation
Thursday, August 10, 2023 - 2:26pm | 597Inflation data will capture the attention of traders as commodity price advances concern the market. The market hopes shelter costs will begin to crack to offset such concerns. But the real threat to the marketplace is one of the hardest things to price: geopolitical tensions. A lot of events have...
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Wednesday's Market Minute: Goldilocks Is Looking Like A Fairy Tale
Wednesday, August 9, 2023 - 1:55pm | 354For investors, the most important thing about 2023 has been how different it is from 2022. That is, until two weeks ago. Last year’s bear market was defined by the positive correlation between stock and bond prices; the inverse relationship between Treasury yields and equity indexes. That...
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Moody's Downgrades Hits Banks, But Health Care Glows As Lilly, Novo Nordisk Boosted By Earnings, Data
Tuesday, August 8, 2023 - 1:55pm | 2106(Tuesday market open) Several months after the opening salvo, regional banks came back into focus Tuesday morning after Moody’s cut ratings on several of them and warned that more downgrades might be on the way—even for big banks. The entire banking sector is in the red, but this...
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Tuesday's Market Minute: Global EV Players Stalling After Quarterly Earnings
Tuesday, August 8, 2023 - 1:36pm | 498Softness in some of the major global EVs is persisting amid earnings that aren’t able to match the sky-high bar. But the numbers have been relatively solid. Tesla (NASDAQ: TSLA) has slid about 6% since the start of a lackluster August, still holding well above its 200-day simple moving...
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Backloaded: Weekly Calendar Awards Those Who Wait As Disney, CPI, PPI Due Wednesday-Friday
Monday, August 7, 2023 - 12:26pm | 2113(Monday market open) After U.S. stocks suffered their worst week since March, investors trudge back Monday to a market that’s limping technically and appears to lack clear catalysts to reignite bullish sparks. Major indexes come into the week on a four-session losing streak but rebounded...
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Monday's Market Minute: A Busy Week Ahead On Wall Street
Monday, August 7, 2023 - 12:13pm | 473Looks like another week with the focus primarily on earnings and economic data. This week we have roughly three dozen S&P 500 companies reporting, so let’s begin there. At the top of the list of names before the bell today is Tyson (NYSE: TSN), with Palantir (NYSE: PLTR), Lucid Motors (...