Sep 11, 2020
Summing Up The Week The 4-day trading week (thanks to Labor Day) kicked off with a continuation of last week’s tech selloff on Tuesday before the market bounced back significantly on Wednesday. The market rolled over slightly on Thursday but stabilized Friday,...
Aug 28, 2020
Summing Up The Week With Congress still on recess, there’s no move in the stimulus front, but nothing seems to cause the markets to pause. A new perspective from the Federal Reserve combined with positive housing numbers seemed to be all the market needed to...
Aug 21, 2020
Summing Up The Week The S&P 500 made an all-time record high this week, but the price action seems to indicate a bull rally that might be running out of steam in light of economic weakness and uncertainty in the coming months. The Fed minutes disconcerted...
Aug 14, 2020
Summing Up The Week Despite talks for additional Federal stimulus hitting a stalemate, improving economic data and hopes for a vaccine against Covid-19 continue to push the markets higher. In fact, some analysts believe the S&P 500 may break through to all-time...
Aug 7, 2020
Summing Up The Week Even with looming potential negative catalysts in the form of a rising U.S.-China Trade War and economic damage from the pandemic, the markets continued their upward climb this week, led in large part by the technology sector. Companies with...