Summing Up The Week Euphoria swept away the stock market this week following the release of a much greater-than-expected jobs report on Good Friday. Since the market was closed for the holiday, the price action took place this week, and, man, was there some serious...
Summing Up The Week The week started slow as investors waited to hear what comments would come from the Federal Reserve Bank on Wednesday. In fact, Tuesday was nearly flat as no one wanted to make a move without knowing how Wednesday’s Fed meeting would go....
Summing Up The Week As I discussed last week, volatility is definitely back in the markets with a dramatic selloff in technology names kicking off the week on Monday only to be followed by a huge bounce in those same names on Tuesday. Market News Fauci warns Covid...
Summing Up The Week Volatility has returned to the markets in a big way as the indexes whipsawed wildly nearly every day this week with the S&P 500 regularly seeing day swings of more than 1.25% (just for a reference – the indexes typically move about 0.5%...
Summing Up The Week Even with record deficits and unemployment continuing to slam the U.S. economy, the stock market rocketed to all-new highs across all of the major indexes including the Dow Jones Index (DJI), the NASDAQ Composite (IXIC), the S&P 500 (SPX), and...