Summing Up The Week Between a cyberattack knocking out the East Coast fuel pipeline and surprising inflation reports, it was a wild week in the markets with several epic selloffs before a relief rally into the end of the week. Let’s look at the news that moved...
May 7, 2021 Click above image for larger version The Week’s Biggest Winner & Loser Dow Chemical (DOW) The reopening plays are out in full-force with industrials and commodities leading the way for this market. That means, Dow Chemical (DOW), this...
Summing Up The Week Despite a quick scare by Janet Yellen early in the week, the markets closed the week higher once more, setting new all-time highs along the way. Even genuinely negative economic news on Friday wasn’t enough to keep the markets down....
Summing Up The Week While the indexes did make new all-time highs once again this week, it seems as if the markets may actually be exhausted as was hinted to last week. The week saw good news both for Covid and the U.S. economy, yet the news stories did little to push...
Summing Up The Week With markets at all-time highs, investors around the world are certainly feeling jumpy. We saw some weak market action on Monday and Tuesday with a respite on Wednesday. Then, Biden introduced a “known unknown” – potential...