Daily Advantage Newsletter

Stock market volatility remains the theme as worries about possible recession and unimpressive Q2 earnings hang over investors. The rush to buy the dip that helped indexes recover some losses on Tuesday has faded as more investors seem content to stay on the sidelines. Wall Street insiders have been warning that stock markets between now and the...

Stock investors continue to find themselves on an increasingly wild ride. Wall Street bulls are cautiously optimistic that the recent market pullback is over and that stock prices will continue to make a gradual but sustainable recovery. Historically, stock bulls have struggled to make gains during August. Going back to 1950, it’s been the...

Stocks are getting hammered again this morning as bulls become more concerned about being on shaky ground after the July employment report indicates a rapidly deteriorating job market. The Labor Department on Friday reported job gains in July of just +114,000 versus Wall Street’s expectations for a gain of +180,000. Job gains for the previous...

Stocks are getting hammered again this morning as bulls become more concerned about being on shaky ground after the July employment report indicates a rapidly deteriorating job market. The Labor Department on Friday reported job gains in July of just +114,000 versus Wall Street’s expectations for a gain of +180,000. Job gains for the previous...

Bulls believe the slowdown in the labor market is just a return to pre-pandemic norms that is keeping pace with other areas of the economy that also continue to normalize, ie. consumers spending patterns, commodity prices, supply chains. Bulls also point out that even though unemployment has steadily increased the last few months, it still...

Stock bulls are running again after Federal Reserve Chair Jerome Powell indicates that rate cuts are on the table at the central bank’s September policy meeting, which is what most on Wall Street have been anticipating. But the overall comments from Powell where about as dovish as you could get and that's what has the bulls wanted to hear. I...

Stock bulls are feeling nervous after Microsoft delivered disappointing earnings results, raising concerns on Wall Street about upcoming results from other big tech giants. Microsoft's AI-powered cloud business, Azure, grew +29%, a slowdown from +31% last quarter and below Wall Street’s estimates. Microsoft did beat Wall Street’s overall...