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The Daily Briefing For December 6th:ADP Data Up Shortly, Stocks Up But Fade Overnight Highs

The Daily Briefing For December 6th:ADP Data Up Shortly, Stocks Up But Fade Overnight Highs

  • Geoff Garbacz | December 6, 2023
Overnight Summary: The S&P 500 closed Tuesday lower by -0.06% at 4567.18 from Monday lower by -0.54% at 4569.78. The overnight high was hit at 4590.25 at 10:50 p.m. EST while the low was hit at 4571.25 at 6:05 p.m. EST. The range overnight was 19 points as of 7:15 a.m. EST. The 10-day average of the overnight range is at 16.40 from 15.70.  The average for May-October average was 22.06 from 20.96. Currently, the S&P 500 is higher by 7 points which is +0.15% at 7:20 a.m. EST. ....
The Daily Briefing For December 6th: ADP Comes In At 103,000 Versus Estimates of 127,000

The Daily Briefing For December 6th: ADP Comes In At 103,000 Versus Estimates of 127,000

  • Geoff Garbacz | December 6, 2023
Overnight Summary: The S&P 500 closed Tuesday lower by -0.06% at 4567.18 from Monday lower by -0.54% at 4569.78. The overnight high was hit at 4590.25 at 10:50 p.m. EST while the low was hit at 4571.25 at 6:05 p.m. EST. The range overnight was 19 points as of 7:15 a.m. EST. The 10-day average of the overnight range is at 16.40 from 15.70.  The average for May-October average was 22.06 from 20.96. Currently, the S&P 500 is higher by 7 points which is +0.15% at 7:20 a.m. EST. ....
Newsmax Faces $3.6B in Lawsuits by Election Machine Companies

Newsmax Faces $3.6B in Lawsuits by Election Machine Companies

  • James DiGeorgia: Opinion | December 2, 2023
Newsmax, a pro-Trump, far-right T.V. cable news broadcaster, is heading for two civil trials for defamation brought by Dominion and Smartmatic for $1.6B and $2B, respectively, over 2020 election lies. Losing either one could lead Newsmax into bankruptcy as soon as September. ....
Far-Right Freedom Caucus Caves on $1.59 Trillion Budget Cap Demands

Far-Right Freedom Caucus Caves on $1.59 Trillion Budget Cap Demands

  • James DiGeorgia | December 2, 2023
The far-right House Freedom Caucus has agreed to go along with a tax deal proposed by Speaker Mike Johnson (R-LA) that was similar to the one pushed by Rep. Kevin McCarthy (R-CA), which has some mainstream GOP lawmakers furious over the Congressional chaos they created that brought the California lawmakers ouster as Speaker. ....
The Daily Briefing For November 29th: Stocks Livin La Vida Loca

The Daily Briefing For November 29th: Stocks Livin La Vida Loca

  • Geoff Garbacz | November 29, 2023
Overnight Summary: The S&P 500 closed Tuesday higher by 0.10% at 4554.89 from Monday lower by -0.20% at 4550.23. The overnight high was hit at 4582.25 at 7:00 a.m. EST while the low was hit at 4562.75 at 4:05 p.m. EST. The range overnight was 20 points as of 7:15 a.m. EST.  ....
Trump's Attempt to Move NY Hush Money Case to Federal Court Crushed

Trump's Attempt to Move NY Hush Money Case to Federal Court Crushed

  • James DiGeorgia | November 28, 2023
One of the four criminal cases Trump currently faces is a 34-count indictment in Manhattan, New York that charges him with felonies of falsifying business records in connection with a hush money payment made to adult film actress Stormy Daniels days before the 2016 presidential election. The Judge is losing patience with Trump's stalling. ....
The Daily Briefing For November 22nd: Have a Happy Thanksgiving!!

The Daily Briefing For November 22nd: Have a Happy Thanksgiving!!

  • Geoff Garbacz | November 22, 2023
Overnight Summary: The S&P 500 closed Tuesday lower by -0.20% at 4538.19 from Monday higher by 0.74% at 4547.38. The overnight high was hit at 4560.75 at 6:30 a.m. EST while the low was hit at 4543 at 6:25 p.m. EST. The range overnight was 17 points as of 6:25 a.m. EST.  ....
The Daily Briefing For November 21st: Stocks Modestly Lower After Multiple Day Rally. FOMC Minutes Today.

The Daily Briefing For November 21st: Stocks Modestly Lower After Multiple Day Rally. FOMC Minutes Today.

  • Geoff Garbacz | November 21, 2023
Overnight Summary: The S&P 500 closed Monday higher by 0.74% at 4547.38 from Friday by 0.13% at 4514.02. The overnight high was hit at 4567 at 10:40 p.m. EST while the low was hit at 4555 at 5:10 a.m. EST. The range overnight was 12 points as of 6:25 a.m. EST. The 10-day average of the overnight range is at 13.90 from 14.20.  The average for May-October average was 22.06 from 20.96. Currently, the S&P 500 is lower by -6.25 points which is  -0.14% at 6:25 a.m. EST. ....
GOP POTUS Candidates Refuse to Condemn Elon Musk's Antisemitism

GOP POTUS Candidates Refuse to Condemn Elon Musk's Antisemitism

  • James DiGeorgia:Opinion | November 19, 2023
Republican presidential candidate Ron DeSantis clashed with CNN host Jake Tapper over Elon Musk's anti-Semitic social media posts. De Santis, Trump, and even Niki Haley are refusing to condemn the richest man in the world's series of antisemitic statements and highlighting them by rabid Jewish hate mongers on his X Social Media Platform. ....
Trump's OWN Expert Witness Crushes Reliability of His Financials

Trump's OWN Expert Witness Crushes Reliability of His Financials

  • James DiGeorgia | November 16, 2023
An expert witness called by former President Donald Trump at his civil fraud trial in New York to rebut the State's against him, his fellow defendants, and the Trump Org. may have helped to sink his defense by pointing out "glaring" problems with Trump's financial statements, according to Business Insider. ....
The Daily Briefing For November 16th: Stocks Modestly Lower On Earnings beats But Poor Guidance

The Daily Briefing For November 16th: Stocks Modestly Lower On Earnings beats But Poor Guidance

  • Geoff Garbacz | November 16, 2023
Overnight Summary: The S&P 500 closed Wednesday higher by 0.18% at 4502.88 from Tuesday higher by 1.91% at 4495.70. The overnight high was hit at 4521.50 at 4:25 a.m. EST while the low was hit at 4507 at 9:10 p.m. EST. The range overnight was 15 points as of 7:05 a.m. EST. The 10-day average of the overnight range is at 15.20 from 15.90.  The average for May-October average was 22.06 from 20.96. Currently, the S&P 500 is higher by 1 points which is  0.02% at 7:05 a.m. EST. ....
The Daily Briefing For November 15th: PPI -0.5%, Retail Sales -0.1% and Biden & Xi To Meet in San Francisco

The Daily Briefing For November 15th: PPI -0.5%, Retail Sales -0.1% and Biden & Xi To Meet in San Francisco

  • Geoff Garbacz | November 15, 2023
Overnight Summary: The S&P 500 closed Tuesday higher by 1.91% at 4495.70 from Monday lower by -0.08% at 4411.55. The overnight high was hit at 4530.50 at 6:50 a.m. EST while the low was hit at 4510 at 4:05 p.m. EST. The range overnight was 21 points as of 7:05 a.m. EST. The 10-day average of the overnight range is at 15.90 from 16.80 on 8/15.  The average for May-October average was 22.06 from 20.96. Currently, the S&P 500 is higher by +19.25 points which is  0.43% at 7:05 a.m. EST. ....

  • James DiGeorgia | November 14, 2023
One of the rare US postage stamps, the famous red, white, and blue "Inverted Jenny" stamp, error printed in 1918 and which originally cost 24 cents, has sold at a New York auction, setting a record for the most expensive single US stamp sold. ....
Core Inflation Down Sharply, at 2-year low; Fed Rate Hikes Likely Over

Core Inflation Down Sharply, at 2-year low; Fed Rate Hikes Likely Over

  • James DiGeorgia | November 14, 2023
President Biden must be a happy fellow today as great economic news was released this morning. The core consumer price pressure fell to a fresh 2-year low last month as headline inflation continues to slow, proving that the Fed's rate hikes over the past two years have been effective. ....
Another Trump Business Heading for Bankruptcy: Truth Social Lost $73M

Another Trump Business Heading for Bankruptcy: Truth Social Lost $73M

  • James DiGeorgia:Opinion | November 14, 2023
Unlike other Trump Businesses like Casinos, Trump Water, Trump Steaks, and more than a dozen past businesses. Donald Trump’s past and current investors who have invested in the SPAC Digital World Acquisition Corp. (DWAC NasdaqGM) have lost hundreds of millions of dollars they invested and could end up losing another $188M. ....
Will Trump and His Election Conspirators Be Criminally Indicted in MI?

Will Trump and His Election Conspirators Be Criminally Indicted in MI?

  • James DiGeorgia: Opinion | November 12, 2023
Trump and his co-conspirators face criminal indictments in Michigan. His legal crisis appears to be getting worse by the day. He's betting, on his freedom for the remaining years of his life by fighting 91 criminal counts which could expand with additional criminal indictments in Michigan, Arizona, and Minnesota. ....

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