Summing Up The Week September and October are notorious for being the worst two months for the year, and, despite many bullish analysts claiming it wouldn’t happen this year, I had a feeling we’d see a selloff simply due to systematic selling. Why is that?...
Summing Up The Week While a shortened trading week thanks to the Labor Day holiday, the return of trading volume to the markets brought with it the seasonal volatility I’ve been warning about for the past weeks. Markets sold off in all sectors on very little...
Summing Up The Week The end of summer saw stocks rally throughout the week as every data point seemed to break in favor of the bulls. After seeing a lot of weakness throughout August, the markets really did turn it around this past week. Over in Bitcoin, positive news...
Summing Up The Week While earnings and inflation reports came in positive this week, stocks were thrown a curve ball when the Fitch Ratings Agency lowered its rating on the United States’ debt, causing market turmoil. Let’s take a look at what news events...
Summing Up The Week Even though there were only 3-1/2 trading days this week thanks to the Independence Day holiday, significant news releases really moved the markets, particularly later in the week. A hotter-than-expected jobs report indicates that the economy is...
