Summing Up The Week The country is in turmoil – civil unrest rages nationwide, unemployment is at near-Great Depression levels, and, oh yeah, there’s still an unbelievably deadly and extremely contagious virus running rampant throughout the globe. So, what...
May 29, 2020 Click above image for larger version The Week’s Biggest Winner & Loser JP Morgan (JPM) The financials saw a decent return-to-form this week with best-in-breed JP Morgan (JPM) seeing the biggest pop at +8.76% which earned it the spot as the...
Summing Up The Week After whistling past the graveyard last week and Monday this week, the markets finally woke up on Tuesday with the release of negative health commentary and terrible economic data reports combining with jittery state economy reopenings. The market...
Summing Up The Week Historic job losses, Warren Buffett sees no bargains, and lots of other negative news, yet the market rocketed higher this week. Even Bitcoin broke back through the $10,000 resistance mark (if only momentarily). Confused? Don’t be. Read on to...
Summing Up The Week The stock market continued to rocket higher this week, closing out April with the best monthly results seen in 33 years. Given all the negative headwinds, particularly the unknowns of how COVID-19 will affect the economy, the exuberance made many...