Summing Up The Week While no stocks were safe this week (except maybe energy), NASDAQ and its tech sector got hit the hardest as the 10-year treasury yield climbed to levels not seen before the pandemic started. To add more fuel to the fire, rhetoric between the U.S....
Summing Up The Week Inflation reports continue to roll in and there’s no sign of the “transitory” hopes mentioned so often in 2021. The Fed’s stated it’s going to take action, and, naturally, the market is losing its mind. Let’s...
Summing Up The Week It’s official, Santa has left Wall Street. The Santa Claus Rally, which often continues a few days into the start of the new year, ended when the Federal Reserve Bank showed its plans to take the punch bowl of free liquidated money away from...
Summing Up The Week The last week of the trading year is usually quiet with many professionals taking a much-needed vacation, and this week was no different. The market continued to melt-up into year-end, representing the continuing Santa Claus Rally many analysts had...
Summing Up The Week The shortened four-day week going into the Christmas Holiday brought with it a great deal of excitement, kicking off with a selloff that was followed by a significant bounce. Let’s take a look at the news that moved the markets this...