Summing Up The Week The market spent the week whipsawing on every news catalyst, initially seeing a negative reaction to the move in the yen, Japan’s weakened currency, then popping on the back of the Fed’s dovish comments only to give it all back at the...
Summing Up The Week Despite PCE coming in hot last Friday, the markets didn’t really react until the treasury rates and international currencies got a little wonky on Tuesday. However, markets shook it off, and, by Thursday, the bulls had regained control…...
Summing Up The Week The rallying call throughout stocks, Bitcoin, and even gold seems to be “BUY THE DIP!” The Bulls are in full control of markets, and even when we have a slightly exciting day like Tuesday where the S&P 500 pulled back more than 1%,...
Summing Up The Week It didn’t take a genius to know that the beginning of the year would be weak as institutions and professionals took profits from last year which they didn’t want to create tax events at the end of 2023. I know this because I’m...
Summing Up The Week While the week started off in the red, reassuring labor market numbers throughout the weeks caused the stock market to bounce back as investors and traders seem to have formed a consensus around the “Soft Landing” thesis, the idea that...