Summing Up The Week Holiday-shortened trading weeks are notoriously dull due to the number of professional traders who take the entire week off. While, from time to time, the substantial reduction in trading volume can lead to wild swings in the market in both...
Summing Up The Week After a somewhat dull Monday despite Moody’s credit agency downgrading its outlook on the U.S. economy on Friday night, the markets positively exploded higher on Tuesday following a cooler-than-expected Consumer Price Index (CPI) report. The...
Summing Up The Week The buying from the lows in October hasn’t ceased with many bullish analysts believing that the Federal Reserve is done hiking and that means it’s time to buy. On the flip side, a lot of bears are warning not to get complacent on the...
Summing Up The Week As I’ve been warning since August, September and October are notoriously volatile, and the past week was no different as the markets were positively slammed with selling for much of the week. Despite the significant downside pressure, there...
Summing Up The Week The relief rally that started last week continued throughout this week with markets shrugging off war in the Middle East along with higher-than-expected inflation readings. Believe it or not, this kind of price action falls right in line with the...
