Summing Up The Week The Bulls and the Bears still can’t figure out which way they want to take stocks. Whenever one camp gets a foothold, the other swings their legs out from under them. On the one hand, the intraday volatility can provide a lot of opportunities...
Summing Up The Week Between higher retail sales and a 10-year nearly hitting 5% early in the week, the markets were already reeling, and this was before the Powell smackdown on Thursday when Federal Reserve Chairman Jerome Powell came out extremely hawkish where many...
Summing Up The Week The relief rally that started last week continued throughout this week with markets shrugging off war in the Middle East along with higher-than-expected inflation readings. Believe it or not, this kind of price action falls right in line with the...
Summing Up The Week Slowly at first, then all at once… Weeks with Federal Reserve meetings tend to be incredibly dull up until the Wednesday announcement of the Fed decision and this week was no different. This kind of slow price action makes sense intuitively:...
Summing Up The Week While a shortened trading week thanks to the Labor Day holiday, the return of trading volume to the markets brought with it the seasonal volatility I’ve been warning about for the past weeks. Markets sold off in all sectors on very little...
