Summing Up The Week The week seemed to kick off with a negative vibe following Fed Chair Jerome Powell’s interview on 60 Minutes on Sunday sending markets into a tailspin. However, that pullback was incredibly brief, and, by the end of the week, the S&P 500...
Summing Up The Week Initially, the rally we’d seen for the majority of January continued to kick off the week until Federal Reserve Chairman Jerome Powell threw water on the markets during his press conference on Wednesday when he said a March rate cut was unlikely....
Summing Up The Week Good economic news sent the major indexes rocketing through their all-time highs this week as manufacturing and GDP are exceeding Bullish expectations. The Bears hopes for a January selloff appear to be all but in the rear view as we head into the...
Summing Up The Week The Bulls and the Bears still can’t figure out which way they want to take stocks. Whenever one camp gets a foothold, the other swings their legs out from under them. On the one hand, the intraday volatility can provide a lot of opportunities...
January 12, 2024 Click above image for larger version The Week’s Biggest Winner & Loser Nvidia (NVDA) Nvidia (NVDA) exploded higher after announcing new(ish) gamer graphic cards at the Consumer Entertainment Show in Las Vegas. I’m not complaining, but...
