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March 13, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday anxiety increased after Saudi Arabia slashed crude prices over the weekend, abandoning its attempts to support the oil market. At the open, markets sold off so intensely...

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March 6, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday the ISM manufacturing index for February fell .8 point to 50.1 and construction spending for January increased 1.8% on top of the prior month’s .2% gain. Markets...

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February 28, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday markets tumbled as news over the weekend indicated that the coronavirus continued to spread in countries outside China, particularly South Korea and Italy. Even though new cases...

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February 21, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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Monday was Presidents Day holiday and markets were closed. On Tuesday the Empire State manufacturing survey for February rose 8.1 points to 12.9 and the housing market index for...

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February 14, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday there wasn’t much economic news, however, markets continued rallying as investors liked the generally good earnings reports and economic news from last week. Over the weekend, China...

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February 7, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday the ISM manufacturing index for January rose 3.1 to 50.9 while construction spending for December declined .2% compared to the prior month’s .7% gain. Markets rebounded, despite...

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January 31, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday the new home sales for November were down just 3,000 to an annualized 694,000 units. Markets closed sharply lower as investors worried about the spread of the novel...

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January 24, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday, markets were closed for the Martin Luther King holiday, and on Tuesday markets fell on the news that a person in the United States who traveled from...

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January 17, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday, investors remained enthusiastic as tensions with Iran eased and the U.S. and China were set to sign a trade agreement. Markets continued climbing with the S&P 500...

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January 10, 2020 Weekly Wrap up LIVE from the floor of the NYSE

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On Monday motor vehicle sales for December were 16.7 million, down 400,000 from the previous month. Geopolitical concerns remained high after the U.S. last week killed Iran’s top general,...