Summing Up The Week This week was all about the U.S. consumer and the debt ceiling debate. Home Depot (HD) kicked off the week with a complete earnings miss and a terrifying view of the consumer and Target (TGT) warned consumers were pulling back. However, Walmart...
Summing Up The Week A holiday-shortened trading week certainly doesn’t mean it will be a slow one. Despite markets being closed on Friday for the Good Friday / Easter Holiday, a deluge of negative news catalysts flipped markets from the exuberance seen last week...
Summing Up The Week The markets remain on edge after last week’s regional bank fiasco, and there’s no sign of relief when just a few off-hand comments made by Treasury Secretary Janet Yellen in front of Congress can send the markets reeling out of control!...
Summing Up The Week With no significant news catalysts this week, the markets remained hostage to the trickle of news events coming from the Federal Reserve Bank in the form of interviews with Fed presidents who may or may not be voting members on the FOMC depending...
Summing Up The Week As has become the norm during a week with a Federal Reserve meeting, the markets traded relatively flat to down before Wednesday’s Fed announcement of its new interest rate hike and plans for the future of its fight against inflation. Naturally,...