Summing Up The Week November was an incredible month with the all of the indexes rallying spectacularly off the slightly cooler-than-expected Consumer Price Index (CPI) released a few weeks ago. This week, an in-line Personal Consumption Expenditures (PCE) index...
November 24, 2023 Click above image for larger version The Week’s Biggest Winner & Loser Arm Holdings (ARM) Recent IPO and artificial intelligence play, Arm Holdings (ARM), received a big pop this past week when analysts issued new coverage on the stock and...
Summing Up The Week Holiday-shortened trading weeks are notoriously dull due to the number of professional traders who take the entire week off. While, from time to time, the substantial reduction in trading volume can lead to wild swings in the market in both...
Summing Up The Week After a somewhat dull Monday despite Moody’s credit agency downgrading its outlook on the U.S. economy on Friday night, the markets positively exploded higher on Tuesday following a cooler-than-expected Consumer Price Index (CPI) report. The...
Summing Up The Week The buying from the lows in October hasn’t ceased with many bullish analysts believing that the Federal Reserve is done hiking and that means it’s time to buy. On the flip side, a lot of bears are warning not to get complacent on the...
