Summing Up The Week Even in the throes of earnings season with economic datapoints released nearly daily, the movement of the markets has been dominated by comments from the Trump administration, China, and talk of tariffs and the the ongoing Trade War. On Monday, the...
Summing Up The Week The shortened trading week (thanks to the Good Friday holiday) started off relatively benign without a whole lot of volatility, a welcome change in comparison to the past two weeks. However, when consumer spending revealed a front-running of buying...
Summing Up The Week President Donald Trump keeps bringing the hits when it comes to market-moving news. On Monday, indexes opened the day down significantly before recovering their losses more or less by the end of the day. Tuesday saw the reverse – stocks...
Summing Up The Week Stocks traded mainly in a range this week with the S&P 500 and Nasdaq both clearly below their key moving averages. The Bulls made several attempts to break the S&P 500 over its 200-Day Exponential Moving Average (EMA), most notably after...
Summing Up The Week Inflation delaying the next Federal Reserve interest rate cut was the drumbeat of the news this week with both the Consumer Price Index (CPI) and Producer Price Index (PPI) inflation gauges coming in hotter than expected. Federal Reserve Chairman...