Summing Up The Week Despite a rough start to the week, Friday’s as-expected inflation report stopped the selloff which had been plaguing the indexes for weeks and provided a bit of relief for Bulls. Overall, September has absolutely not lived up to its...
Summing Up The Week This week was all about the Federal Reserve meeting and the “will they, won’t they” questions regarding the interest rate cut. Well, there really wasn’t any surprise at all. Going into the Fed meeting, the markets expected a...
Summing Up The Week It was a wild week for the markets when the Labor Department came out with shocking revisions to the job market numbers showing a surprise decrease of 911,000 jobs which sent stocks lower… at least initially. Investors continue to hold to the...
Summing Up The Week Despite the fact there were economic datapoints released earlier in the week like new home sales and GDP revisions, the market was truly waiting for Nvidia’s (NVDA) earnings on Wednesday. Headed into the print, it looked like there was no...
Summing Up The Week The name of the game this week was mixed inflation reports. Initially, the markets roared higher on the back of consumer prices rising less than expected in July only to get jolted when wholesale prices came in hot on Thursday. While businesses...
