Jan 27, 2023
Summing Up The Week The biggest market-moving news this week may not have been news at all, rather a trading glitch at the New York Stock Exchange (NYSE) that caused stocks to open down or up anywhere from 10-20%! You can learn more about what the heck happened below....
Jan 20, 2023
Summing Up The Week As earnings season continued, the market was driven by two kinds of news this week: quarterly reports and anything related to the Fed. With the majority of news stories released this shortened holiday week leaning bearish, the hangover from the...
Jan 13, 2023
Summing Up The Week Despite extremely hawkish Fed comments kicking off the week, all three major stock indexes showed impressive bullish performance this week, rallying significantly all the way into Thursday’s CPI report before calming down… slightly. On...
Jan 6, 2023
Summing Up The Week The first few trading days of a new year seem to typically be filled with confusion about which way the market wants to go, and 2023 was certainly no different. The first two days saw flat performance, Thursday sold off, and Friday rallied....
Dec 30, 2022
Summing Up The Week The stock market started weak on Tuesday and only got worse as the week went on as investors’ hopes for a “Santa Claus Rally” appeared to be exchanged for tax-loss harvesting, instead. On Thursday, the market experienced a bit of...
Dec 23, 2022
Summing Up The Week This week defined whipsaw action, kicking off when the Bank of Japan widened its bond yield, a move the country’s central bank hasn’t done in decades. Then, Nike (NKE) and FedEx (FDX) reported good quarters Tuesday evening to make...