Jan 13, 2023
Summing Up The Week Despite extremely hawkish Fed comments kicking off the week, all three major stock indexes showed impressive bullish performance this week, rallying significantly all the way into Thursday’s CPI report before calming down… slightly. On...
Jan 6, 2023
Summing Up The Week The first few trading days of a new year seem to typically be filled with confusion about which way the market wants to go, and 2023 was certainly no different. The first two days saw flat performance, Thursday sold off, and Friday rallied....
Dec 16, 2022
Summing Up The Week The markets flew into the week with far too much bullish optimism only to have that hopeful outlook sliced and diced by a very hawkish Federal Reserve on Wednesday and weak economic figures later in the week. Let’s take a look at the news...
Dec 9, 2022
Summing Up The Week The markets seemed to finally wake up to reality this week. After last week’s rally on the back of Federal Reserve Chair Jerome Powell’s interview where he said the Fed would likely hike less than 0.75% in the December meeting, it felt...
Dec 2, 2022
Summing Up The Week The week started off rocky following protests against Covid controls in China and unease about Fed Chair Powell’s upcoming speech on Wednesday. However, markets exploded to the upside when Powell revealed that the Fed is considering slowing...