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Market Pulse: Daily Insights on Financial Trends and Corporate Performance

Don Selkin, Newbridge Chief Market Strategist, has contributed to CNBC for 40+ years

Don Selkin, the innovator behind the "Fair Value" numbers, has been a trusted contributor to CNBC and its predecessor for over 40 years, consistently providing these numbers daily without fail. He has also supplied the fair value for Nasdaq 100 futures since 1996 and Dow Jones stock index futures since 1997. Quoted in prominent publications such as Bloomberg News, New York Post, Reuters, and The New York Times, Selkin's insights are highly regarded in the financial industry. His Fair Value numbers are featured in the U.S. Futures Report on CNBC every day before the market opens, with "Newbridge Securities" as the source. Additionally, Newbridge Securities offers in-depth access to Selkin's financial market views to its professionals, their clients, and the public.

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Latest Insights

Daily Market Notes - May 8, 2025

The market ended slightly higher on what turned out to be a very choppy day of trading, which took place right near the end of the day, as what usually happens on these Fed sessions.

Donald Selkin, Chief Market Strategist

May 8, 2025

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5 min read

Daily Market Notes - May 7, 2025

U.S. stocks closed lower Tuesday as quarterly results show more companies are tempering their forecasts for upcoming profits because of uncertainty created by the President’s tariffs.

Donald Selkin, Chief Market Strategist

May 7, 2025

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5 min read

Daily Market Notes - May 6, 2025

I had said that the market looked a little tired during the Monday morning meeting, and sure enough it did as it broke a nine-day winning streak.

Donald Selkin, Chief Market Strategist

May 6, 2025

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5 min read

Daily Market Notes - May 5, 2025

Equities extended their gains to a ninth straight day Friday, marking the longest winning streak since 2004 and reclaiming the ground it lost since the President escalated his trade war in early April.

Donald Selkin, Chief Market Strategist

May 5, 2025

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5 min read

Daily Market Notes - May 2, 2025

For the eighth straight session, the major averages moved higher for the first time since August, as Dow component MSFT plus META after the big tech companies reported profits for the start of the year that were even bigger than analysts expected.

Donald Selkin, Chief Market Strategist

May 2, 2025

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5 min read

Daily Market Notes - May 1, 2025

In another astounding session to end the wild month of April, the market reversed an awful start once again to finish mostly higher in one of the more bizarre very late panic moves.

Donald Selkin, Chief Market Strategist

May 1, 2025

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5 min read

Daily Market Notes - April 30, 2025

On the next to last day of the fourth month of the year, the market started mostly lower and then put in another positive intraday performance to end higher for the sixth straight session.

Donald Selkin, Chief Market Strategist

April 30, 2025

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5 min read

Daily Market Notes - April 29, 2025

In another very volatile intraday situation, the major indices went all over the place in both directions before ending mostly nominally higher.

Donald Selkin, Chief Market Strategist

April 29, 2025

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5 min read

Daily Market Notes - April 28, 2025

The past four very strong higher days after a disastrous start to the week seemed like a replay of the earlier days of the rally before things came apart, in the sense that the formerly loved big tech stocks led the way once again, even as the rest of the market did not do so well.

Donald Selkin, Chief Market Strategist

April 28, 2025

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5 min read

Daily Market Notes - April 25, 2025

The latest market rally kept going strongly for the third straight session yesterday as better-than-expected profits for U.S. companies piled up, though C.E.O’s said that they are unsure whether it will last because of uncertainty created by President Trump’s trade war.

Donald Selkin, Chief Market Strategist

April 25, 2025

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5 min read

Daily Market Notes - April 24, 2025

U.S. stocks mostly rose yesterday after the President appeared to back off his criticism of the Federal Reserve and his tough talk about this trade war. He is finally learning that his prior antagonistic rhetoric toward these two items has resulted in steep market meltdowns up until Monday when he finally started to ease back.

Donald Selkin, Chief Market Strategist

April 24, 2025

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5 min read

Daily Market Notes - April 23, 2025

After the market ended at the worst April performance since 1932, perhaps the President learned that it was not a good idea to attack the Federal Reserve Chair in such a way. In remarks to reporters on Tuesday, he walked back his previous statements that had fueled speculation about Powell's job security and helped to contribute to the latest stock market downturn.

Donald Selkin, Chief Market Strategist

April 23, 2025

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5 min read

Daily Market Notes - April 22, 2025

In another downside disaster, at least the market opened lower and just kept dropping until a small rally near the end of the session made the final closes not as bad as they were at the 3:30pm lows. But in any event, it was another distressing disaster as the S&P closed with a 16% decline from its record high two months ago.

Donald Selkin, Chief Market Strategist

April 22, 2025

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5 min read

Daily Market Notes - April 21, 2025

In one of the strangest days in the indices themselves, most of the market did better in terms of breadth numbers, but the worst drop for UNH in a quarter of a century kept the Dow lower while the S&P, Russell 2000 Index of small stocks and the NDX 100 ended with nominal gains.

Donald Selkin, Chief Market Strategist

April 21, 2025

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5 min read

Daily Market Notes - April 17, 2025

In one of the worst days this year, the market originally got blasted to the downside based on the situation with former market leader NVDA downside disaster. Then Fed Chair Jerome Powell put the finishing downside disaster on things with his comments later in the day. The only positive thing was that the market was able to cut back on some losses later in the day.

Donald Selkin, Chief Market Strategist

April 17, 2025

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5 min read

Daily Market Notes - April 16, 2025

U.S. stocks drifted Tuesday through a rare quiet day for financial markets, although once again they could not hold onto modest intraday rallies.

Donald Selkin, Chief Market Strategist

April 16, 2025

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5 min read

Daily Market Notes - April 15, 2025

The market gained for the second day in a row for the Dow since March 25 and for the same amount for the S&P and Nasdaq since April 2, but both finished well of their best intraday highs.

Donald Selkin, Chief Market Strategist

April 15, 2025

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5 min read

Daily Market Notes - April 14, 2025

In another astounding session, the second one last week, the market started out lower and then ended with an upside world wind to finish the week higher after all of the downside misery that investors have seen lately.

Donald Selkin, Chief Market Strategist

April 14, 2025

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5 min read

Daily Market Notes - April 11, 2025

Well, what did you expect, as one day after the President’s “buy” recommendation a few hours before he then announced a pause to many of his tariffs worldwide to most countries sent the market higher by records in some cases, the market then turned around and pushed things sharply lower yesterday. This large drop probably means that investors still believe that his trade war continues to threaten the U.S. economy.

Donald Selkin, Chief Market Strategist

April 11, 2025

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5 min read

Daily Market Notes - April 10, 2025

Well, how do you like that, as after one of the worst weeks in market history, stocks soared to one of their best days in history after President Trump said he would back off on most of his tariffs temporarily, as investors had so desperately hoped he would.

Donald Selkin, Chief Market Strategist

April 10, 2025

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5 min read

Daily Market Notes - April 9, 2025

After the market yesterday went through one of the most revolting downside reversals ever, things got even worse last night and early this morning as investors girded for President Trump's massive tariffs on key US trading partners to take full effect starting Wednesday

Donald Selkin, Chief Market Strategist

April 9, 2025

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5 min read

Daily Market Notes - April 8, 2025

The market yesterday swung through one of the most volatile days ever om both directions before ending mainly lower after President Trump threatened to move his tariffs higher, despite a stunning display showing how dearly investors want him to do the opposite.

Donald Selkin, Chief Market Strategist

April 8, 2025

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5 min read

Daily Market Notes - April 7, 2025

As I said the day before, Friday’s historic downside disaster proved once again that my observation about the market’s reaction to the latest Trump tariff program was certainly a “Liberation Day” in the sense that the market certainly “liberated” investor money from investor’s pockets.

Donald Selkin, Chief Market Strategist

April 7, 2025

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5 min read

Daily Market Notes - April 4, 2025

I had said yesterday that let us hope that the new Trump tariffs would not bring about bring about he had called “Liberation Day” would not “Liberate” investor money from themselves, but at least for one day this was an incorrect assumption as the market underwent a historic day of massive downside crashes.

Donald Selkin, Chief Market Strategist

April 4, 2025

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5 min read

Daily Market Notes - April 3, 2025

Once again, the market made a tremendous upside turnaround after a sharply lower start, but the mood on turned sour after President Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy.

Donald Selkin, Chief Market Strategist

April 3, 2025

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5 min read

Daily Market Notes - April 2, 2025

In another wildly volatile session, the market did what it had done the day before, namely to swing back and forth between negative, positive, then negative again and finally a late rally to end mainly on the upside, with uncertainty still high about just what the President will announce about tariffs on his “Liberation Day” to be announced right after the market closes at 4pm.

Donald Selkin, Chief Market Strategist

April 2, 2025

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5 min read

Daily Market Notes - April 1, 2025

In one of the truly most astounding days of the many we have seen recently, the major indices turned huge opening losses into solid gains as things got better as the day moved ahead. The gains were so astounding that from bottom to top, the moves were as huge as we have seen in quite a while.

Donald Selkin, Chief Market Strategist

April 1, 2025

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5 min read

Daily Market Notes - March 31, 2025

Another awful session ended the week on Friday as a potentially bad mix of worsening inflation and a slowing U.S. economy because of households afraid to spend due to the global trade war put the S&P down by 2% for one of its worst days in the last two years. It ended lower for the fifth week in the last six after experiencing what had been a big gain to start the week.

Donald Selkin, Chief Market Strategist

March 31, 2025

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5 min read

Daily Market Notes - March 28, 2025

The recent negativity continued yesterday as the major indices ended lower after a late attempt failed as there were moves in opposite directions as the President’s latest tariff escalation created winners and losers among the auto stocks.

Donald Selkin, Chief Market Strategist

March 28, 2025

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5 min read

Daily Market Notes - March 27, 2025

After two higher days in this overall negative market, the chickens came home to roost yesterday as once again, large declines overtook the former high technology leaders once again and this dragged the entire market lower as the Dow tried to stay positive for much of the morning.

Donald Selkin, Chief Market Strategist

March 27, 2025

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5 min read

Daily Market Notes - March 26, 2025

The market stayed in a narrow range yesterday but with a late push to the upside once again after roaring the day before on hopes that the President’s tariffs may not be as sweeping as earlier feared.

Donald Selkin, Chief Market Strategist

March 26, 2025

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5 min read

Daily Market Notes - March 25, 2025

After that very late in the day comeback on Friday which broke the four-week losing streak for both the S&P and Nasdaq, things really took off to the upside yesterday with tremendous gains for all of the indices which has now cut their yearly losses by a great amount.

Donald Selkin, Chief Market Strategist

March 25, 2025

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5 min read

Daily Market Notes - March 24, 2025

The market on Friday was able to turn a very weak start into a late rally to actually end slightly positive for the day, and much of the volatile action had to do with the quarterly options expiration that occurred on the third Friday of March, and this activity will take place three other times this year with no guarantee that the results will be the same.

Donald Selkin, Chief Market Strategist

March 24, 2025

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5 min read

Daily Market Notes - March 21, 2025

After starting out sharply lower and then making strong intraday rallies off of their lows, the market faded out once again in the afternoon, reminding investors that potential big, unsettling policy changes are underway because of the President’s actions along with more signals suggesting the U.S. economy remains okay for now.

Donald Selkin, Chief Market Strategist

March 21, 2025

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5 min read

Daily Market Notes - March 20, 2025

After an awful day on Tuesday, the market started out higher and was up by 27 S&P points just before the Fed interest rate announcement, from which it got to an astounding gain of 90 before cooling off to end with a 60 point advance to 5675 as it was led for a change by the large technology stocks and the financials.

Donald Selkin, Chief Market Strategist

March 20, 2025

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5 min read

Daily Market Notes - March 19, 2025

After two straight higher days, the market yesterday returned back down to its main pattern this year, which has been sharply lower.

Donald Selkin, Chief Market Strategist

March 19, 2025

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5 min read

Daily Market Notes - March 18, 2025

Would you believe it, that the market had the nerve to rally for the second straight day, which is the first such occurrence in more than a month, but unfortunately the S&P and Nasdaq are still having their worst month since September 2023.

Donald Selkin, Chief Market Strategist

March 18, 2025

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5 min read

Daily Market Notes - March 17, 2025

Well, well, well – will miracles never end, as U.S. stocks rallied to their best day in months on Friday as the current roller coaster suddenly shot back upward, but that still was not enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August.

Donald Selkin, Chief Market Strategist

March 17, 2025

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5 min read

Daily Market Notes - March 14, 2025

The latest sell-off hit a new low Thursday after President Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

Donald Selkin, Chief Market Strategist

March 14, 2025

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5 min read

Daily Market Notes - March 13, 2025

U.S. stock indexes rose Wednesday after investors got some relief from an encouraging inflation update, but even on a rare up day, the President’s trade wat still made for very volatile trading, some of it to the downside.

Donald Selkin, Chief Market Strategist

March 13, 2025

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5 min read

Daily Market Notes - March 12, 2025

The market fell further Tuesday following the President’s latest escalation of the trade war, briefly pulling the S&P 10% below its record set last month. And like it’s been for most of the past few weeks, the market’s slide on Tuesday was erratic and dizzying.

Donald Selkin, Chief Market Strategist

March 12, 2025

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5 min read

Daily Market Notes - March 11, 2025

After last week’s miserable showing, the market basically collapsed yesterday, as things cut deeper as to how much pain the President will let the economy endure through tariffs and other policies in order to get what he wants.

Donald Selkin, Chief Market Strategist

March 11, 2025

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5 min read

Daily Market Notes - March 10, 2025

After the supposed “death cross” around mid-day where the S&P falls below the 200 day moving average (around 5700) for the 50-day price, which is supposedly a near-term bearish signal. But from an intraday low of 5666 it made a very strong comeback to end with a closing gain of 31 to finish at 5770, which would be a nice signal but unfortunately these one-day gains have come in the context of a very negative market recently as the market has lost $3 trillion since the inauguration of the current President. It is now more than 6% below its all-time high set last month.

Donald Selkin, Chief Market Strategist

March 10, 2025

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5 min read

Daily Market Notes - March 7, 2025

After a relief rally the day before, the market got blasted downward once again, and going into today’s always important monthly jobs report, this week has become the worst one of the year for equities so far.

Donald Selkin, Chief Market Strategist

March 6, 2025

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5 min read

Daily Market Notes - March 6, 2025

Hopefully the administration will perhaps learn that the heavy imposition of tariffs is not something that the stock market wants, because it has suffered large declines when the President is aggressive about it and strong gains, like yesterday, when the government eases back on the pressure.

Donald Selkin, Chief Market Strategist

March 6, 2025

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5 min read

Daily Market Notes - March 5, 2025

In one of the more bizarre sessions in what has been a series of them, the market got socked badly on the downside with another historic last hour collapse after some of the indices had the nerve to actually go positive.

Donald Selkin, Chief Market Strategist

March 5, 2025

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5 min read

Daily Market Notes - March 4, 2025

In one of the worst collapses from a higher start that we have seen this difficult time, the market once again turned a briefly higher opening into a historic type of crash once again as the market continued to wipe out more of their gains since the current President’s election in November as this time things collapsed after he said that his tariffs announced earlier on Canada and Mexico would take effect within hours.

Donald Selkin, Chief Market Strategist

March 4, 2025

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5 min read

Daily Market Notes - March 3, 2025

In one of the most surprising upside reversals seen in a while, the market turned a nice morning gain into what looked like another sickening downside reversal just as the not friendly meeting between the U.S. and Ukrainian presidents got underway, things then made one of the fantastic afternoon upside moves higher than what we have seen in a while.

Donald Selkin, Chief Market Strategist

March 3, 2025

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5 min read

Daily Market Notes - February 28, 2025

In what had to be one of the worst market collapses in the recent horrible series lately, the indices turned very nice opening trading into a downside disaster like we rarely see. And as a result, the market has now seen its worst week since September and is now lower for the month of February with today the last trading day of this month.

Donald Selkin, Chief Market Strategist

February 28, 2025

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5 min read

Daily Market Notes - February 27, 2025

In a disappointing day that managed to finally end the four-day losing streaks for the S&P and Nasdaq with the Dow lower for a change, things were not able to hold strong morning sessions and just about finished nominally higher for the first two items.

Donald Selkin, Chief Market Strategist

February 27, 2025

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5 min read

Daily Market Notes - February 26, 2025

Another session, another declines for both the S&P and the Nasdaq for the first time since August that these two have done so poorly, while some of the old-time stocks continued to support the Dow to some extent.

Donald Selkin, Chief Market Strategist

February 26, 2025

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5 min read

Daily Market Notes - February 25, 2025

In what turned out to be a weak session after a strong start which could not hold, the Dow was the only index that managed to eke out a very nominal gain while the others ended lower.

Donald Selkin, Chief Market Strategist

February 25, 2025

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5 min read

Daily Market Notes - February 24, 2025

One can only blame UNH for the mixed to lower opening on Friday, as it began the day with trading lower by 60 points due to the story about it being investigated by the Justice Department for their billing practices relating to health benefits. So as the rest of the market got beaten down very badly, its stock actually did better than the opening as it ended lower by “only” 36 which is somewhat of a victory, so to speak.

Donald Selkin, Chief Market Strategist

February 24, 2025

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5 min read

Daily Market Notes - February 21, 2025

After ending higher on very late buying for the first three days this week, the euphoria finally came to an end big-time yesterday as the market got clocked sharply lower and was able to pull off its worst intraday levels but still ended badly down.

Donald Selkin, Chief Market Strategist

February 21, 2025

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5 min read

Daily Market Notes - February 20, 2025

In a pattern that has repeated itself for the past few days, the major indices turned sharp intraday declines into late rallies to get positive, and bring on new record highs in the S&P and this situation repeated itself yesterday as well.

Donald Selkin, Chief Market Strategist

February 20, 2025

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5 min read

Daily Market Notes - February 19, 2025

In a really peculiar session, instead of starting out strongly higher as the various stock index futures were indicating, things sold off right at the opening, then went sharply lower in mid-afternoon and then rose right on the close to end at a record high in the S&P and close to one in the Dow and Nasdaq.

Donald Selkin, Chief Market Strategist

February 19, 2025

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5 min read

Daily Market Notes - February 18, 2025

The market ended the week on Friday with the S&P trying to reach a new high but it fell back nominally at the close.

Donald Selkin, Chief Market Strategist

February 18, 2025

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5 min read

Daily Market Notes - February 14, 2025

Despite another inflation report that came in a little higher than expected and all kinds of news about tariffs, the market once again turned its back on the potentially negative news and underwent a tremendous upside rally yesterday which took it close to record highs.

Donald Selkin, Chief Market Strategist

February 14, 2025

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5 min read

Daily Market Notes - February 13, 2025

If one watched the pre-market showings yesterday (courtesy of Newbridge Securities), right before their 8:30am release, they were nominally higher.

Donald Selkin, Chief Market Strategist

February 13, 2025

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5 min read

Daily Market Notes - February 12, 2025

The market held relatively firm on Tuesday following the President’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while.

Donald Selkin, Chief Market Strategist

February 12, 2025

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5 min read

Daily Market Notes - February 11, 2025

In a surprisingly friendly mood, the market fortunately took the latest threat on tariffs in stride and ended with a nice upside day to start the new week.

Donald Selkin, Chief Market Strategist

February 11, 2025

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5 min read

Daily Market Notes - February 10, 2025

After a modestly higher start following the January jobs report on Friday, things got completely unended with the release of the preliminary February U. of Michigan Consumer Sentiment Survey at around 10am, and then worsened with the release of new information regarding the President’s additional tariff ideas.

Donald Selkin, Chief Market Strategist

February 10, 2025

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5 min read

Daily Market Notes - February 7, 2025

The market ended mixed to higher as a combination of good and bad earnings eventually got the S&P and Nasdaq to end higher while large declines in some major stocks ended with the Dow lower.

Donald Selkin, Chief Market Strategist

February 7, 2025

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5 min read

Daily Market Notes - February 6, 2025

After a hesitant start, the market drifted higher yesterday as gains for most stocks overcame declines for GOOG and AMD and pushed the major indices upward again on better earnings for others and a new willingness to push things higher for the time being.

Donald Selkin, Chief Market Strategist

February 6, 2025

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5 min read

Daily Market Notes - February 5, 2025

Similar to the week before, after a weak Friday and a horrible Monday, the market put in a classic “Turnaround Tuesday” session to relieve some of the pressure inflicted on it during the prior two sessions.

Donald Selkin, Chief Market Strategist

February 5, 2025

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5 min read

Daily Market Notes - February 4, 2025

For the second Monday in a row, the market got rocked to the downside after last week’s Deep seek disaster, yesterday we got nailed by the threat of a punishing trade war, which after initially falling sharply on worries about the President’s tariffs, stocks pared their losses after Mexico said it had negotiated a one-month reprieve.

Donald Selkin, Chief Market Strategist

February 4, 2025

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5 min read

Daily Market Notes - February 3, 2025

In one of the worst intraday comedowns seen in a long time, the market went from being very strong earlier in the session until around 1pm as it surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners.

Donald Selkin, Chief Market Strategist

February 3, 2025

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5 min read

Daily Market Notes - January 31, 2025

The market ended higher yesterday, as it was helped by gains in META, TSLA and Dow component IBM as many companies reported, along with economic reports, but there was plenty of volatility along the way.

Donald Selkin, Chief Market Strategist

January 31, 2025

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5 min read

Daily Market Notes - January 30, 2025

After Tuesday’s upside Turnaround Tuesday edition, the market traded lower all day yesterday and ended with nominal losses after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. This was the least surprising outcome as everyone knew that this would be the decision and individual stocks seemed to trade in their own patterns, both up and down.

Donald Selkin, Chief Market Strategist

January 30, 2025

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5 min read

Daily Market Notes - January 29, 2025

In one of the classic “Turnaround Tuesday’s” of all time, the market made a dramatic recovery from Monday’s downside disaster in the S&P and Nasdaq, and even the Dow added to its strange gains from the day before.

Donald Selkin, Chief Market Strategist

January 29, 2025

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5 min read

Daily Market Notes - January 28, 2025

In one of the most spectacular “Revenge of the Nerds” scenarios, the market’s technology former superstars collapsed while the lagging Dow underperformers made strong gains at the same time.

Donald Selkin, Chief Market Strategist

January 28, 2025

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5 min read

Daily Market Notes - January 27, 2025

After reaching a new all-time high on Thursday, things pulled back a little on Friday as the market still reached a second-straight winning week.

Donald Selkin, Chief Market Strategist

January 27, 2025

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5 min read

Daily Market Notes - January 24, 2025

Stocks rose to a record S&P high yesterday, as things started a bit lower and then catapulted to those records on a very late upside splurge in the final half-hour, and strange it was.

Donald Selkin, Chief Market Strategist

January 24, 2025

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5 min read

Daily Market Notes - January 23, 2025

The market did well again yesterday, but it was strictly all large technology stocks as the majority of S&P members finished lower while the big guys did great.

Donald Selkin, Chief Market Strategist

January 23, 2025

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5 min read

Daily Market Notes - January 22, 2025

The market continued late last week’s big rally with another strong showing yesterday, as more companies reported better earnings and bond yields continued to back down a bit.

Donald Selkin, Chief Market Strategist

January 22, 2025

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5 min read

Daily Market Notes - January 21, 2025

Similar to Wednesday, the market started out sharply higher and was able to end with most gains intact by the close. As a result, both the S&P and the Nasdaq ended the week with the best gains in two months and the first winning week of the year.

Donald Selkin, Chief Market Strategist

January 21, 2025

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5 min read

Daily Market Notes - January 17, 2025

After Thursday’s upside explosion, the indexes could not hold onto early nominal gains and just drifted lower as the afternoon unfolded.

Donald Selkin, Chief Market Strategist

January 17, 2025

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5 min read

Daily Market Notes - January 16, 2025

What happened in yesterday’s upside rocket ship was what I said could take place if:

Donald Selkin, Chief Market Strategist

January 16, 2025

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5 min read

Daily Market Notes - January 15, 2025

The market struggled to end higher yesterday on a late comeback, as some negative news impeded what should have been a better showing from the latest December P.P.I. report.

Donald Selkin, Chief Market Strategist

January 15, 2025

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5 min read

Daily Market Notes - January 14, 2025

In what could have been a temporarily bottom from a very oversold market, the indexes all rallied back from their worst levels to end mixed to higher.

Donald Selkin, Chief Market Strategist

January 14, 2025

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5 min read

Daily Market Notes - January 13, 2025

U.S. stocks fell sharply on Friday on worries that the “good news is bad news” syndrome may be too good by keeping inflation and interest rates high.

Donald Selkin, Chief Market Strategist

January 13, 2025

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5 min read

Daily Market Notes - January 10, 2025

The market ended mixed on Wednesday, but a little to the upside after a horrible day on Tuesday and a better one on Monday, but there was shakiness in the activity and potential hopes that today’s 8:30am monthly jobs report will not further deteriorate the recent overall weaker conditions, and the answer is that it did, and see below for details.

Donald Selkin, Chief Market Strategist

January 10, 2025

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5 min read

Daily Market Notes - January 8, 2025

After a strong showing on Monday to start the new week, things got ugly after a nominally higher start yesterday, as ostensibly two reports that resulted in higher bond yields put things sharply lower, as this pattern of extreme volatility in both directions has become the basic market scenario.

Donald Selkin, Chief Market Strategist

January 8, 2025

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5 min read

Daily Market Notes - January 7, 2025

Rising technology stocks yesterday salvaged out a winning session, but all of the major indices did suffer large intraday declines from their record mid-day highs.

Donald Selkin, Chief Market Strategist

January 7, 2025

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5 min read

Daily Market Notes - January 6, 2025

In another awful session, what began with large gains in the major indices which could have gotten the Santa Claus rally back to positive if gone the distance, the indices just fell apart very badly but were able to come back from really bad early afternoon losses to end only modestly lower.

Donald Selkin, Chief Market Strategist

January 6, 2025

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5 min read

Daily Market Notes - January 3, 2025

Donald Selkin, Chief Market Strategist

January 3, 2025

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5 min read

Daily Market Notes - January 2, 2025

The market ended the final day of 2024 in somewhat of a pattern that it has been trending lately, namely the major indices lower for the fourth straight day, but this time investors had a little pity on some of the worst Dow performers and gave them a break while breadth numbers were actually positive for a change. But the high-flying technology stocks continued to weaken once again.

Donald Selkin, Chief Market Strategist

January 2, 2025

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5 min read

Daily Market Notes - December 31, 2024

After starting out the traditionally bullish Santa Claus rally last Tuesday with a nice gain, the market has now fallen for three straight sessions and is in danger of ending this period with a decline as there are now three days to go. And they are today plus the final two days this week on Thursday and Friday.

Donald Selkin, Chief Market Strategist

December 31, 2024

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5 min read

Daily Market Notes - December 30, 2024

After starting the first two days of the holiday-shortened week on the strong side, things cooled off a bit to end the week, and Friday the market did really poorly.

Donald Selkin, Chief Market Strategist

December 30, 2024

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5 min read

Daily Market Notes - December 27, 2024

The second day of the 5 + 2 sessions ended yesterday with the major indices ending mixed as the S&P and Nasdaq ended nominally down after having made a nice comeback from their early morning lows.

Donald Selkin, Chief Market Strategist

December 27, 2024

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Daily Market Notes - December 26, 2024

In the two days since the last newsletter on Monday, the market has done very well, with the half-day before Christmas on Tuesday being a real upside moonshot with the Dow exploding upward for a 390 point advance to 43,297 with 28 of its 30 members higher. It was now the fourth better day in a row.

Donald Selkin, Chief Market Strategist

December 26, 2024

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Daily Market Notes - December 23, 2024

Federal Reserve officials are closely watching how inflation shapes up as they decide when and how much to cut interest rates in 2025, and the latest inflation data offers reasons for both concern and hope.

Donald Selkin, Chief Market Strategist

December 23, 2024

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Daily Market Notes - December 20, 2024

In what turned out to be a weaker session after the major indices could not hold large early gains, the market ended mostly lower with only the Dow eking out a nominal gain of only 15 points after being ahead by 461 on the opening. It was helped by AMZN, AAPL, NVDA in addition to BA, GS, IBM and V.

Donald Selkin, Chief Market Strategist

December 20, 2024

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Daily Market Notes - December 19, 2024

How many times have I said that on Fed days, unless you have something to do early on, that it pays to wait until Fed Chair Powell makes his presentation before getting a better sense of what is going to happen from 2pm into the close. And I hope those who followed this advice did better than those who might have bought early because from a session where the Dow had the nerve to try to break its nine historic losing days in a row and the S&P and Nasdaq were trying to end positive as well, the market unfortunately made one of the most miserable showings in history from that time into the close.

Donald Selkin, Chief Market Strategist

December 19, 2024

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Daily Market Notes - December 18, 2024

We are living through history here as the Dow set a record as it declined for the ninth straight session for the first time since 1978 and led the way lower for the market. Tis pathetic performance resulted in a 267 loss down to 43,449 and was led by UNH (and what else is new?), CAT, CRM, GS, HD and HON after its recent up-day.

Donald Selkin, Chief Market Strategist

December 18, 2024

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Daily Market Notes - December 17, 2024

The market yesterday did what it has done so often lately, namely the pathetic Dow falling for the eighth straight session and the last time that this took place was back in 2018 while the Nasdaq achieved another new record high on strength in most of the large technology stocks.

Donald Selkin, Chief Market Strategist

December 17, 2024

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Daily Market Notes - December 16, 2024

The market ended the week on Friday in a pattern that has become more familiar, as now for 10 straight days, more stocks have declined than risen, which is the longest such streak since 2000.

Donald Selkin, Chief Market Strategist

December 16, 2024

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Daily Market Notes - December 13, 2024

The recent corrective phase of the market continued yesterday, as various economic reports were used to explain the selloff, which was the eighth out of nine for the Dow and now the S&P is down by four of the last six sessions.

Donald Selkin, Chief Market Strategist

December 13, 2024

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Daily Market Notes - December 11, 2024

In another sign of near-term weakness in the market, the S&P underwent its first back-to-back losses in nearly a month and the Dow declined for the sixth time in the past seven sessions, so things are showing signs of investors taking profits in many of the stocks that have led the strong rally this year.

Donald Selkin, Chief Market Strategist

December 11, 2024

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Daily Market Notes - December 10, 2024

I had pointed out that the VIX had very good support at around the 13 level which it closed slightly under on Friday. So this strong area finally held today and pushed the market lower as it went higher.

Donald Selkin, Chief Market Strategist

December 10, 2024

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