Summing Up The Week Despite PCE coming in hot last Friday, the markets didn’t really react until the treasury rates and international currencies got a little wonky on Tuesday. However, markets shook it off, and, by Thursday, the bulls had regained control…...
Summing Up The Week The holiday-shortened week didn’t deliver a lot of news so there were no giant moves in the market. After griding lower earlier in the week, stocks made a recovery on Wednesday, but, again, none of these moves were that dramatic. Let’s...
Summing Up The Week While the Bank of Japan executed an historic move this week, it had no effect on the bull spirits in stocks… yet. On Wednesday, Federal Reserve Chairman Jerome Powell said all the sweet nothings the market desperately wanted to hear, and...
March 15, 2024 Click above image for larger version The Week’s Biggest Winner & Loser Dutch Bros (BROS) It did strike me as odd when Dutch Bros (BROS) reported an excellent quarter a few weeks ago and the stock barely moved. It seems that investors woke up...
Summing Up The Week Reports showing inflation might be coming back to life were enough to upset the apple cart for the stock market this week. Initially, it appeared as though stocks shrugged off the CPI report which came out on Tuesday, rallying more than 1%, but...
