Summing Up The Week A series of datapoints that could indicate inflation is returning combined with the unexpected shortened trading week out of respect for the passing of President Jimmy Carter did nothing to help with the market’s newfound volatility....
Summing Up The Week The market rally continued over the past week with the S&P 500 making new all-time highs seemingly every day. Despite mixed economic and geopolitical datapoints which could have sent stocks higher, the combination of positive seasonality and...
Summing Up The Week The market was holding itself together until mixed earnings from Microsoft (MSFT) and the realization that the U.S. presidential election was mere days away sent stocks reeling on Thursday with the S&P 500 closing down more than 1.5% and the...
Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Summing Up The Week Despite Tuesday’s consumer confidence survey falling the most in three years, stocks shrugged off the news and rallied. In fact, the S&P 500 made new intraday all-time highs nearly every single day regardless of whether stocks finished...
