Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Summing Up The Week Stocks spent the first three days of the week waffling between slight gains and slight losses while market participants waited Nvidia’s (NVDA) earnings after the close on Wednesday. Nvidia did beat both the quarter and raised guidance…...
Summing Up The Week Volatility reached year-over-year highs this week as economic data and bad earnings slammed markets. Friday’s jobs report capped off the concerns with higher-than-expected unemployment triggering what’s called the Sahm Rule (read on to...
Summing Up The Week If you haven’t believed me when I’ve been saying “volatility’s back” the past two weeks, I’m betting you believe me now! Once Alphabet (GOOGL) and Tesla (TSLA) disappointed on earnings, that was enough of a spark...
Summing Up The Week Before Thursday’s cooler-than-expected inflation report, stocks rallied significantly throughout the week on the back of no positive catalysts. On Wednesday, the S&P 500 saw a gain of more than one percent, again, with no real reason....
