Nov 15, 2024
Summing Up The Week After the epic rally last week, the market spent much of this week taking a breather. The Bulls kept trying to push the indexes higher, but selling continued to keep stocks from rallying out of hand like they did last week. Let’s take a look...
Nov 8, 2024
Summing Up The Week No matter what the pundits have been saying about the markets pricing in an election win by President-Elect Donald Trump for weeks now, the unbelievable rally in stocks and Bitcoin following Tuesday’s sweep by Trump solidly proves the market...
Nov 1, 2024
Summing Up The Week The market was holding itself together until mixed earnings from Microsoft (MSFT) and the realization that the U.S. presidential election was mere days away sent stocks reeling on Thursday with the S&P 500 closing down more than 1.5% and the...
Oct 18, 2024
Summing Up The Week Just like September before it, October seems to be defying seasonality as stocks continued to rally this week. This week, the U.S. consumer remains resilient, earnings (particularly from banks) continue to come in strong, and news about nuclear...
Oct 11, 2024
Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...