Nov 8, 2024
Summing Up The Week No matter what the pundits have been saying about the markets pricing in an election win by President-Elect Donald Trump for weeks now, the unbelievable rally in stocks and Bitcoin following Tuesday’s sweep by Trump solidly proves the market...
Nov 1, 2024
Summing Up The Week The market was holding itself together until mixed earnings from Microsoft (MSFT) and the realization that the U.S. presidential election was mere days away sent stocks reeling on Thursday with the S&P 500 closing down more than 1.5% and the...
Oct 25, 2024
Summing Up The Week The markets finally seemed to realize that the presidential election is coming up in a matter of days which brought volatility into stocks over the past week. Rising 10-year treasury yields gave the S&P 500 and Nasdaq three days of relentless...
Oct 18, 2024
Summing Up The Week Just like September before it, October seems to be defying seasonality as stocks continued to rally this week. This week, the U.S. consumer remains resilient, earnings (particularly from banks) continue to come in strong, and news about nuclear...
Oct 11, 2024
Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Oct 4, 2024
Summing Up The Week What a wild week! From a Gulf Coast and East Coast port strike that was off as quickly as it was on to Iran’s counterattack on Israel to a nonfarm payrolls report that blew away expectations, there was no shortage of market-moving news this...
