Summing Up The Week Even after the sudden scare provided by Federal Reserve Chairman Jerome Powell’s hawkish commentary, the seasonal “Santa Claus Rally” appeared to carry the stock market higher ahead of the holiday as investors and traders added to...
Summing Up The Week If you’ve read my blog from the beginning, you’ll remember I started Get Irked in August 2018. Little did I know what an exciting Christmas Eve we’d have back then. Then-President Donald Trump appointed Jerome Powell as Federal...
Summing Up The Week The stock market melt-up shows no signs of slowing, with the S&P 500 making new all-time highs once again over the holiday-shortened week. The week kicked off with the market loving President-Elect Donald Trump’s new pick for Treasury...
Summing Up The Week In my 26 years investing in the stock market, I’ve seen some absolutely crazy things from the dot-com crash to the near destruction of global financial markets during the Great Financial Crisis. However, as horrible as the negative catalysts...
Summing Up The Week The market was holding itself together until mixed earnings from Microsoft (MSFT) and the realization that the U.S. presidential election was mere days away sent stocks reeling on Thursday with the S&P 500 closing down more than 1.5% and the...