Summing Up The Week Despite extremely hawkish Fed comments kicking off the week, all three major stock indexes showed impressive bullish performance this week, rallying significantly all the way into Thursday’s CPI report before calming down… slightly. On...
Summing Up The Week This week defined whipsaw action, kicking off when the Bank of Japan widened its bond yield, a move the country’s central bank hasn’t done in decades. Then, Nike (NKE) and FedEx (FDX) reported good quarters Tuesday evening to make...
Summing Up The Week Holiday weeks can often be interesting to watch. With many professionals and retail traders taking the entire week off, trading volume decreases which means relatively small news events can really move the markets. Of course, with everyone being...
Summing Up The Week The market’s whipsaw volatility continued this week with a mixture of good news and bad news ranging from potential signs of inflation peaking to credit issues and a potential significant weakening of the U.S. consumer. The result was a...
