Summing Up The Week Despite the fact there were economic datapoints released earlier in the week like new home sales and GDP revisions, the market was truly waiting for Nvidia’s (NVDA) earnings on Wednesday. Headed into the print, it looked like there was no...
Summing Up The Week It wasn’t a great week for stocks with the S&P 500 and Nasdaq both pulling back every single day going into Friday’s Federal Reserve Jackson Hole event with Fed Chair Jerome Powell speaking from the annual conference of central...
Summing Up The Week The name of the game this week was mixed inflation reports. Initially, the markets roared higher on the back of consumer prices rising less than expected in July only to get jolted when wholesale prices came in hot on Thursday. While businesses...
Summing Up The Week Did Apple (AAPL) just save the stock market? After a week that saw a weakening consumer resulting in inflation and a flat services PMI number followed by President Donald Trump announcing exorbitant 50% tariffs on India, stocks finished the week...
Summing Up The Week The stock market was humming along all week, ignoring tariffs and shrugging off the Federal Reserve keeping the interest rate steady… until Friday’s jobs report when all hell broke loose. Stocks have been trending higher based on the...
Summing Up The Week While there were mediocre news reports with economic datapoints this week, the real news was President Donald Trump announcing his “massive” trade deal with Japan on Tuesday evening. This sent stocks rallying to new record-breaking...
