Summing Up The Week While the week started off in the red, reassuring labor market numbers throughout the weeks caused the stock market to bounce back as investors and traders seem to have formed a consensus around the “Soft Landing” thesis, the idea that...
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...
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...