Summing Up The Week With the Fed meeting and earnings reports not starting later in July, the market was reacting to every small news event and trying to create news where there really wasn’t any, whether it was finding warning signs of recession in another...
Summing Up The Week The news remains bad when it comes to the Federal Reserve’s fight against inflation. Despite its best efforts, the combination of rising inflation indicators and weakening consumer confidence does not spell good things for the markets in the...
Summing Up The Week It was definitely a busy week with Pfizer shipping its vaccine, the Electoral College making President-Elect Joe Biden’s results official, and lots of negative news about the economy. Yet, Congress still hasn’t reached a deal. The...
Summing Up The Week Thanksgiving Week is always a weird one with the markets closed on Thursday for the holiday and open for only a half-day on Friday for… holiday shopping, I guess? At any rate, it results in a 3-1/2 day trading week which can get wonky. So,...
Summing Up The Week The markets pulled back significantly – Should we be worried? With the major market indexes pulling back substantially following new all-time highs and an overwhelming abundance of bullish enthusiasm in the markets, some long-term analysts...