Jun 30, 2023
Summing Up The Week The stock market was choppy but overall showed very limited movement throughout this week, likely due to the end of the month, end of the second quarter, and end of the first half of the year all coinciding together. Many investment firms need to...
Jun 23, 2023
Summing Up The Week The unbelievable rally taking place all year in the S&P 500 and the NASDAQ, in particular, took a breather this week with stocks pulling back. Many analysts blamed Fed Chair Jerome Powell’s testimony before Congress. However, I think this...
Jun 16, 2023
Summing Up The Week Inflation reports showed that disinflation is taking place – a good sign for the Federal Reserve’s fight against inflation – and, on Wednesday, while the Fed announced the pause the market was expecting, Chair Jerome Powell...
Jun 9, 2023
Summing Up The Week With the Federal Reserve meeting next week on June 13-14, the members are in a required “communications blackout,” so this week’s price action was muted, being driven by relatively unremarkable stories such as OPEC+ upholding its...
Jun 2, 2023
Summing Up The Week Until the debt ceiling agreement is passed, the stock market continues to hang on the every word of Congress. With progress being made and the deadline of June 5, however, this could be the last week the debt ceiling holds so much sway on the stock...
