Summing Up The Week Following a mid-week selloff that unnerved some investors, tame inflation data, good jobless claims numbers, and an outstanding March retail sales report sent the markets rocketing higher toward the end of the week. Analysts pointed to algorithms...
Summing Up The Week Euphoria swept away the stock market this week following the release of a much greater-than-expected jobs report on Good Friday. Since the market was closed for the holiday, the price action took place this week, and, man, was there some serious...
Summing Up The Week This shortened holiday week started out rocky with a “family office” multibillion dollar hedge fund getting in over its head, getting liquidated, and knocking the stuffing out of more than a few prime banks. Follow this with a new high...
March 26, 2021 Click above image for larger version The Week’s Biggest Winner & Loser IBM (IBM) And the Week’s Biggest Winner is… IBM (IBM)?! How is this possible? Isn’t IBM technology and aren’t we rotating out of tech??? As near as...
Summing Up The Week The stock market has become unimpressed with comments from the Fed and the Treasury, selling off despite repeated positive commentary and potential positive indications that the economy is recovering. Investors continue to rotate out of growth...
