Summing Up The Week The economic datapoints for the week came in fairly in-line, not causing much of a market reaction in either direction as stocks continued to grind higher. The real market-moving catalyst was Thursday’s Presidential Debate, where President...
Summing Up The Week The markets continued to rally over the course of the holiday-shortened week on the back of what at least pundit nicknamed “Softilocks.” A combination of softening economic data with increasing unemployment has created a...
Summing Up The Week Could the Federal Reserve actually pull of a “Soft Landing?” It’s certainly starting to look that way. With last week’s jobs report showing rising unemployment potentially indicating a cooling economy, and both the CPI and...
Summing Up The Week While many think the tried-and-true stock market adage is “Sell in May and Go Away” due to professional traders going on vacation for the summer, the original quote was actually “Buy in May and Make Some Hay.” While the...
Summing Up The Week Early in the week, stocks remained relatively uneventful, staying flat to slightly positive for the majority of the week until Thursday. At that point, signs of reigniting inflation spooked investors. Despite Nvidia’s absolutely outstanding...