Summing Up The Week In my 26 years investing in the stock market, I’ve seen some absolutely crazy things from the dot-com crash to the near destruction of global financial markets during the Great Financial Crisis. However, as horrible as the negative catalysts...
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...
Summing Up The Week Stocks spent the first three days of the week waffling between slight gains and slight losses while market participants waited Nvidia’s (NVDA) earnings after the close on Wednesday. Nvidia did beat both the quarter and raised guidance…...
Summing Up The Week Volatility reached year-over-year highs this week as economic data and bad earnings slammed markets. Friday’s jobs report capped off the concerns with higher-than-expected unemployment triggering what’s called the Sahm Rule (read on to...
Summing Up The Week If you haven’t believed me when I’ve been saying “volatility’s back” the past two weeks, I’m betting you believe me now! Once Alphabet (GOOGL) and Tesla (TSLA) disappointed on earnings, that was enough of a spark...