Summing Up The Week With the Federal Reserve meeting next week on June 13-14, the members are in a required “communications blackout,” so this week’s price action was muted, being driven by relatively unremarkable stories such as OPEC+ upholding its...
Summing Up The Week Despite a shortened four-day holiday week, the markets saw some serious price action this week when the S&P 500 sold off -2.00% in a single day to kick off the week on Tuesday! With continued hawkish commentary from the Federal Reserve Bank, is...
Summing Up The Week The markets seemed to finally wake up to reality this week. After last week’s rally on the back of Federal Reserve Chair Jerome Powell’s interview where he said the Fed would likely hike less than 0.75% in the December meeting, it felt...
Summing Up The Week The market’s whipsaw volatility continued this week with a mixture of good news and bad news ranging from potential signs of inflation peaking to credit issues and a potential significant weakening of the U.S. consumer. The result was a...
Summing Up The Week The bull rally which started late last week continued this week despite mixed earnings reports and ongoing geopolitical and macroeconomic concerns. More bullish analysts claim that the lows are in for the Bear Market, and while we may retest those...
