Summing Up The Week The markets were relatively quiet for the majority of the trading week as the two biggest news catalysts – the Consumer Price Index and big bank earnings – didn’t happen until Thursday and Friday, respectively. In fact, the...
Summing Up The Week It didn’t take a genius to know that the beginning of the year would be weak as institutions and professionals took profits from last year which they didn’t want to create tax events at the end of 2023. I know this because I’m...
December 29, 2023 Click above image for larger version 2023’s Best and Worst Coinbase (COIN) With all the talk of the “Magnificent Seven” this year, you’d be forgiven for assuming that one of the megacap tech stocks would end up winning the...
Summing Up The Week With no significant news catalysts throughout the holiday-shortened week, the indexes did what they do historically – float up into year-end. A combination of factors causes this kind of seasonal price action: the big gains have more or less...
December 22, 2023 Click above image for larger version The Week’s Biggest Winner & Loser Coinbase (COIN) With all the talk given to artificial intelligence stocks this year as everyone talks about Nvidia’s (NVDA) “incredible” +241% gain, it...
