Summing Up The Week While the Bank of Japan executed an historic move this week, it had no effect on the bull spirits in stocks… yet. On Wednesday, Federal Reserve Chairman Jerome Powell said all the sweet nothings the market desperately wanted to hear, and...
Summing Up The Week Reports showing inflation might be coming back to life were enough to upset the apple cart for the stock market this week. Initially, it appeared as though stocks shrugged off the CPI report which came out on Tuesday, rallying more than 1%, but...
Summing Up The Week The rallying call throughout stocks, Bitcoin, and even gold seems to be “BUY THE DIP!” The Bulls are in full control of markets, and even when we have a slightly exciting day like Tuesday where the S&P 500 pulled back more than 1%,...
Summing Up The Week Whenever there’s a key data point that doesn’t come until late in the week, the price action in markets can be downright anemic. While Bitcoin was rallying over $60K for the first time in years, the S&P 500 and the rest of equities...
Summing Up The Week The week started flat until Tuesday’s report hinting inflation might not be dead, yet, sent the markets reeling… for a single day. On Wednesday, the buy-the-dippers came out in force and the markets felt as if nothing was wrong....
