Summing Up The Week The 4-day trading week (thanks to Labor Day) kicked off with a continuation of last week’s tech selloff on Tuesday before the market bounced back significantly on Wednesday. The market rolled over slightly on Thursday but stabilized Friday,...
Summing Up The Week The markets pulled back significantly – Should we be worried? With the major market indexes pulling back substantially following new all-time highs and an overwhelming abundance of bullish enthusiasm in the markets, some long-term analysts...
Summing Up The Week The S&P 500 made an all-time record high this week, but the price action seems to indicate a bull rally that might be running out of steam in light of economic weakness and uncertainty in the coming months. The Fed minutes disconcerted...
August 14, 2020 Click above image for larger version The Week’s Biggest Winner & Loser Tesla (TSLA) Tesla (TSLA) announced a 5-for-1 stock split this week and jumped +13.63% to lock in its spot as the week’s Biggest Winner (not to mention a...
Summing Up The Week Despite talks for additional Federal stimulus hitting a stalemate, improving economic data and hopes for a vaccine against Covid-19 continue to push the markets higher. In fact, some analysts believe the S&P 500 may break through to all-time...