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...
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 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...
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...
Summing Up The Week Despite Tuesday’s consumer confidence survey falling the most in three years, stocks shrugged off the news and rallied. In fact, the S&P 500 made new intraday all-time highs nearly every single day regardless of whether stocks finished...
