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Daily Stock Pick: May 21st, 2021

Wall Street sentiment was optimistic this morning after stocks turned positive yesterday, snapping the three day losing streak.  Gains in early trading were broad across all sectors this morning with added focus on growth stocks that have been hit hard in recent weeks.  The tech-heavy Nasdaq Composite...
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Daily Stock Pick: May 20th, 2021

Stocks were relatively flat this morning after yesterday’s wild ride.  A sudden and steep drop in Bitcoin was one contributing factor to an early morning exodus out of the speculative areas of the market in yesterday’s session.    Following a tumultuous and turbulent year in...
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Daily Stock Pick: May 19th, 2021

Stocks were under pressure this morning, tracking for their third straight day of losses, as the rotation out of the tech sector continues.  Investors nervously anticipated the release of minutes from the latest Federal Reserve policy setting meeting.  Cryptos also plunged, sending Bitcoin below $35,000, to levels...
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Morning Trade for May 18th, 2021

Stocks pared early gains and turned flat for the morning after negative U.S. housing starts data.  Housing starts plunged 9.5% last month -- a deeper than expected drop, and a bitter pill for markets to swallow.  The steep drop can be attributed to a materials and labor...
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Trade for May 17th, 2021

Stocks were under pressure in early trading this morning on the first trading session of the week.   The recent growth sector meltdown has created some golden buying opportunities, like the one featured in today’s trade alert.  Today we’ll focus on a still small company,...
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