Summing Up The Week The promises of a potential stimulus package before the December recess of Congress sent the markets higher this week in spite of numerous negative news events ranging from unthinkable death and hospitalization counts from COVID-19 to a weakening...
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 While it can be exciting to see the markets rally repeatedly, most advisors will caution investors when the markets become irrationally exuberant on the same news story. While this week’s vaccine announcement is from a second company,...
Summing Up The Week With record daily COVID cases both in the United States and abroad combined with no stimulus package in sight perhaps until 2021, the markets started to acknowledge the reality of the economy this week and sold off substantially. In fact,...
Summing Up The Week Whew… what a week. After Trump’s COVID diagnosis did little to affect the market action – stocks rose on Monday – Trump decided to bail on a second stimulus package and sent the market into a tailspin Tuesday by announcing...
