Summing Up The Week Coronavirus news is still the main market mover, however significant fear hasn’t really taken hold as buyers rush into buy every selloff. Apple (AAPL) and Coca-Cola (KO) both warned that the coronavirus would affect their earnings this year,...
Summing Up The Week Despite continued reports of how badly the coronavirus will slow global economic growth, the markets continued to make record highs this week. Household debt is the highest its been in 12 years plus the national debt added another trillion, but...
Summing Up The Week It was a wild week with the indexes bouncing hard off of last week’s coronavirus-induced sell-off. The markets calmed down on Friday, pulling back despite a good jobs report, a possible indication that fears over the virus still linger. In...
Summing Up The Week There was actually news outside of the Wuhan Coronavirus this week, but it sure didn’t feel like it. The markets seemed to be doing really well with the virus news mid-week – even rising after the World Health Organization (WHO)...
Summing Up The Week Thanks to Martin Luther King, Jr. Day on Monday, the markets had a shortened week. Everything seemed to be moving along swimmingly – despite negative news from Boeing early in the week – until the first U.S. case of the Wuhan...